The New York Stock Exchange will close on Thursday, Jan. 9, for a national day of mourning to honor the death of former President Jimmy Carter.
The Nasdaq will also halt trading of all U.S. equities and options that day. Bond markets will remain open but operate on reduced hours, closing early at 2 p.m. ET, following a recommendation from the Securities Industry and Financial Markets Association.
“Jimmy Carter, with humble roots as a farmer and family man, devoted his life to public service and defending our freedom,” Lynn Martin, President of NYSE Group, said in a statement.
The last time the NYSE suspended trading to commemorate the passing of a former president was in December 2018, following the death of George H. W. Bush.
Carter, the 39th U.S. president who served from 1977 to 1981, passed away on Sunday at the age of 100. In response, President Joe Biden declared Jan. 9 as a national day of mourning and ordered flags to be flown at half-staff for 30 days starting that day.
Carter’s official state funeral will take place at the Washington National Cathedral in Washington, D.C., on Jan. 9. In addition to market closures, federal offices will also shut down to honor the former president.
