NYSE and Nasdaq to Close on January 9 in Honor of Carter’s Day of Mourning
The New York Stock Exchange and Nasdaq will suspend trading on January 9, 2025, to honor the memory of former President Jimmy Carter.
The New York Stock Exchange and Nasdaq Composite will be closed on January 9, 2025, as a day of mourning for former President Jimmy Carter, who passed away on December 29 at the age of 100.
On December 30, Intercontinental Exchange Inc., headquartered in Atlanta and owner of the NYSE, along with Nasdaq Inc., based in New York and owner of the Nasdaq, announced the closure of all their equity and options markets on January 9.
The NYSE Group will shut down the New York Stock Exchange, NYSE American Equities, NYSE American Options, NYSE Arca Equities, NYSE Arca Options, NYSE Chicago, and NYSE National exchanges on January 9, 2024. Nasdaq confirmed it will close all of its U.S. equity and options markets.
“Jimmy Carter, who came from humble beginnings as a farmer and family man, dedicated his life to public service and safeguarding our freedoms,” stated NYSE Group President Lynn Martin in a press release.
“President Carter exemplified leadership, tirelessly pursuing efforts to enhance the human condition even after his time in public office concluded,” Nasdaq President Tal Cohen remarked in a press release.
Nasdaq mentioned in a release that a moment of silence was observed for Carter on Monday morning, with a message commemorating him displayed on the Nasdaq Tower in New York.
On December 29, President Joe Biden announced that a state funeral for Carter will take place in Washington on January 9, 2025, as part of a national day of mourning.
Formerly the governor of Georgia, Carter won the presidential election in 1976 as a Democrat. He served one full term in the Oval Office before being defeated by former President Ronald Reagan in 1980.
Carter’s presidency faced challenges from domestic economic issues and a lackluster U.S. response to the hostage crisis at the U.S. Embassy in Tehran during the Iranian revolution of 1979, where 53 U.S. diplomats and citizens were taken hostage for 444 days.
Following his presidency, Carter devoted his life to charitable work through the nonprofit Carter Center and various organizations. In recognition of his extensive contributions to international conflict resolution, he was awarded the Nobel Peace Prize in 2002.
Representatives from Intercontinental Exchange and Nasdaq did not respond immediately to requests for comments from The Epoch Times.