NEW YORK - The New York Stock Exchange (NYSE: ICE) and Nasdaq (Nasdaq: NDAQ) have announced that they will both close their U.S. equity and options markets on January 9, 2025, in observance of the National Day of Mourning for former President Jimmy Carter. This closure reflects the financial community's respect for the late president, who passed away on Sunday at the age of 100.
President Carter's (NYSE:CRI) life was marked by a distinguished career in public service, including his time as the 39th President of the United States from 1977 to 1981. His post-presidential years were equally notable, with his involvement in humanitarian efforts through the Carter Center, an organization dedicated to promoting democracy, public health, and human rights globally.
The decision to close the markets was made to honor President Carter's legacy and allow participants to pay their respects. The presidents of both NYSE and Nasdaq issued statements expressing their condolences and highlighting President Carter's contributions to the nation and the world.
Lynn Martin, President of NYSE Group, acknowledged Carter's "lifetime of service to our nation" and his "enduring legacy of humanitarianism." Similarly, Tal Cohen, President of Nasdaq, recognized Carter as an "exemplary leader" whose efforts to improve the human condition continued long after his presidential term ended.
The coordinated market closure by NYSE and Nasdaq underscores the impact of President Carter's legacy on the country. This information is based on a press release statement.
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