U.S. stock and bond markets will be closed on Tuesday, July 4, in observance of Independence Day, a federal holiday.

The Nasdaq and New York Stock Exchange closed at 1 p.m. ET on Monday and will remain closed Tuesday.

The U.S. bond market closed at 2 p.m. ET on Monday and will also remain closed Tuesday.

The stock market will open at its usual time, 9:30 a.m. ET, on Wednesday. The bond market will also open at its usual time, 8 a.m. ET, on Wednesday.

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Independence Day has been a federal holiday in the United States since 1870, but the tradition of Independence Day celebrations goes back to the 18th century.

From 1776 to present day, July 4th has been celebrated as the birth of American independence.

This article originally appeared on USA TODAY: Is the stock market open today? What to know on July 4th