The New York Stock Exchange and the Nasdaq Composite will close on Jan. 9, 2025, in observance of a day of mourning for former President Jimmy Carter, who died on Dec. 29 at age 100.
On Dec. 30, Intercontinental Exchange Inc., the Atlanta-based financial services company that owns the NYSE, and Nasdaq Inc., the New York-based financial services company that owns the eponymous exchange, announced they will close all of their equity and options markets on the 9th.
The NYSE Group will close the New York Stock Exchange, NYSE American Equities, NYSE American Options, NYSE Arca Equities, NYSE Arca Options, NYSE Chicago, and NYSE National exchanges on Jan. 9, 2024. Nasdaq said it will close all of its U.S. equities and options markets.
“Jimmy Carter, with humble roots as a farmer and family man, devoted his life to public service and defending our freedom,” NYSE Group president Lynn Martin said in a release.
“President Carter was an exemplary leader, one who tirelessly continued his efforts to improve the human condition even after his tenure in public office was complete,” Nasdaq president Tal Cohen said in a release.
In a release, Nasdaq said a moment of silence was held for Carter on Monday morning. A message honoring Carter was also featured in the Nasdaq Tower in New York.
President Joe Biden announced on Dec. 29 that a state funeral would be held for Carter in Washington on Jan. 9, 2025, as part of a national day of mourning.
Carter, a former governor of Georgia, won the 1976 presidential election as a Democrat. He served one term in the Oval Office before losing to former President Ronald Reagan in 1980.
Carter’s term was marred by domestic economic problems and an ineffective U.S. response to the seizure of the U.S. Embassy in Tehran during the 1979 Iranian revolution. As part of the seizure, revolutionaries took 53 U.S. diplomats and citizens hostage and held them for 444 days.
After his presidency, Carter spent his life dedicated to charitable efforts through the nonprofit Carter Center and other organizations. He received the 2002 Nobel Peace Prize in recognition of his decades of work in international conflict mediation.
Representatives of Intercontinental Exchange and Nasdaq did not immediately respond to a request for comment from The Epoch Times.
