Trading on the New York Stock Exchange will be closed on Thursday, Jan. 9 for the national day of mourning following the death of former President Jimmy Carter.
The Nasdaq said it would be closing trading of all U.S. equities and options that day as well. Bond markets will be open, but for reduced hours, closing early at 2 p.m. ET, according to 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 news release.
The last time the New York Stock Exchange closed trading to honor the passing of a former president was in December 2018, when former President George H. W. Bush died.
National day of mourning announced by President Biden
Carter, the United States’ 39th president serving between 1977 and 1981, died on Sunday at the age of 100, prompting President Joe Biden on Sunday to declare Jan. 9 as a national day of mourning.
As part of the declaration, Biden ordered flags to be flown at half-staff starting on Sunday and continuing for the next 30 days. Carter’s official state funeral will be held on Jan. 9 at the Washington National Cathedral in Washington, D.C.
Federal offices will also be closed on Jan. 9 in honor of Carter’s death.
Contributing: John Bacon, Alex Gladden, Rebecca Morin, USA TODAY
Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at fernando.cervantes@gannett.com and follow him on X @fern_cerv_.