The NYSE will close on January 9 in memory of the late former President Jimmy Carter.
On Thursday, Jan. 9, the stock market will close in observance of a national day of mourning for the passing of former President Jimmy Carter.
The NYSE traditionally closes trading to pay tribute to deceased presidents. The most recent instance occurred in December 2018, following the demise of former President George Herbert Walker Bush.
The Securities Industry and Financial Markets Association recommended that bond market trading end early at 2 p.m. ET, which will also close the exchange that day.
The 39th president of the United States, known for his post-presidency peacekeeping and humanitarian work, passed away on Sunday at the age of 100. President Joe Biden declared Jan. 9 as a day of mourning for the nation and ordered flags to be flown at half-staff for the next 30 days beginning Sunday. Carter's funeral will take place on Jan. 9 at the National Cathedral in Washington, D.C.
Since its founding in the late 1700s, the NYSE has a long-standing practice of closing on nonholidays to honor significant events and figures in American history, such as the 18th President Ulysses S. Grant in 1885 and Martin Luther King Jr. in 1968. This practice underscores the exchange's position as a symbol of America's leading capital markets globally.
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