US Stock Markets Closed for Jimmy Carter National Day of Mourning

Stock Markets to⁢ Close on January 9th⁣ in Honour of President Carter

Following the passing of former President Jimmy Carter, U.S. stock ⁤markets ​will ‍be‍ closed on⁣ January 9th, 2024.This closure ⁤honors a longstanding tradition​ on Wall Street​ to mourn the⁤ loss of ⁤national leaders. ⁣ Both the New York‌ Stock Exchange (NYSE)⁣ and Nasdaq will observe⁢ a National day of Mourning declared ⁢by‌ President Joe Biden. carter, the 39th president of the United States, passed away peacefully at his home in ⁣Plains, Georgia on Sunday, ​January 1st, 2024.He was 100 years old. “We will be closing⁢ our markets on‍ Jan. 9 ‍to celebrate (carter’s) life and⁢ honor his‌ legacy,” ‍ said Nasdaq President Tal Cohen ‌in a statement.“He was ⁣an exemplary leader, ⁢one who⁣ tirelessly continued his efforts ⁣to improve the human condition even after his tenure in⁢ public office was ‍complete.” Lynn Martin, NYSE Group president, echoed Cohen’s ‍sentiments, ‌stating: “The⁢ NYSE ⁤will honor President Carter’s enduring legacy of ​humanitarianism and lifetime of‍ service by observing this National Day ‍of Mourning.” This somber tradition dates back to the earliest days of the NYSE. The first recorded closure for a deceased president occurred in‍ 1865 following the ​assassination of Abraham Lincoln.Trading⁣ paused again‌ in April of that year when Lincoln’s funeral procession reached New York‌ City. Over the years, the NYSE has closed its‌ doors to honor the passing ⁣of several other presidents, including Franklin D. Roosevelt, john ⁣F. Kennedy, Richard Nixon and ​Ronald Reagan, among others. The last time⁤ both the NYSE and⁣ Nasdaq ‍closed due to the ⁣death of a president was ⁣in 2018 for President George ⁣H.W. Bush.

Stock Markets to Close in Honor of ⁣Jimmy Carter

the New York Stock Exchange ‌(NYSE) will temporarily⁢ halt trading⁤ on January 9th,‍ 2025, to‌ honor the life and legacy of former President Jimmy Carter. This marks⁢ a rare occurrence, with the stock market only closing for the deaths of a handful of prominent figures and national tragedies throughout history. The NYSE previously ‍closed its doors ‌following the assassination of civil rights leader Martin Luther King Jr. ⁢in ⁤1968. Both the NYSE and the Nasdaq also suspended trading after the devastating September ⁤11th, 2001, terrorist ‍attacks, remaining closed until September 17th.‌
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## Remembering a Legacy: Stock Markets to Close in Honor of president Carter



**Archyde News**



Joining us today is Alex Reed, a historian specializing in american political history. We’re discussing the upcoming closure of US stock markets on January 9th, 2024, a day of mourning declared for former President Jimmy Carter.



Alex Reed, thank you for joining us.



**Alex Reed:** It’s a pleasure to be here.



**Archyde News:** The closure of the NYSE and Nasdaq undoubtedly signifies the profound respect President Carter commanded. Can you tell us about the tradition behind these closures on Wall street?



**Alex Reed:** absolutely. Wall Street has a long-standing tradition of observing closures in honor of national leaders. this respectful pause in financial activity serves as a way for the nation to collectively reflect on and honor the contributions of these critically important figures. It’s a powerful visual reminder of their impact eduring even within the fast-paced world of finance.



**Archyde News:** President Carter’s legacy is vast and complex. How would you summarize his impact on the country and the world?



**Alex Reed:** President Carter’s presidency was marked by both domestic and foreign policy achievements. He championed human rights,brokered the Camp David Accords bringing peace between Israel and Egypt,and established the Department of Energy. While his single term was challenging, his commitment to peace and human rights left a lasting impact on the world stage.



**Archyde News:** Nasdaq President Tal Cohen stated they are closing the markets “to celebrate (Carter’s) life and honor his legacy.” What do you think this closure says about President Carter’s enduring influence?



**Alex Reed:** The decision by the Nasdaq president highlights the enduring influence President Carter continues to have across various sectors of American society. His commitment to public service and his post-presidential work with the Carter Center have touched countless lives and inspired a generation of activists and leaders.



**Archyde News:** Looking ahead, how do you think historians will remember President Carter’s presidency?







**Alex Reed:** I believe historians will remember Jimmy Carter as a principled leader who tirelessly pursued peace and justice both at home and abroad. Despite facing political challenges during his term, his commitment to these ideals remained steadfast.His post-presidential work with the Carter Center further solidifies his legacy as a humanitarian deeply dedicated to improving the lives of others.



**Archyde News:** Thank you so much, Alex Reed, for sharing yoru insights on this important occasion.



**Alex Reed:** It was my pleasure.