National Day of Mourning U.S. Stock Markets Close for President Carter

3 min read | January 09, 2025 11:20 AM EST | By Team Kalkine Media

National Day of Mourning U.S. Stock Markets Close for President Carter — Image source: shutterstock

Remembering President Jimmy Carter

Jimmy Carter’s legacy is rooted in a lifetime of public service. Born into humble beginnings, he served as a U.S. Navy veteran before rising to become the Governor of Georgia. His tenure as president, from 1977 to 1981, was marked by significant strides in human rights and diplomacy. After leaving the White House, Carter continued his humanitarian work through the Carter Center, focusing on health care, democracy, and global human rights. His work has left an indelible mark on both the U.S. and the world stage.

Statement from NYSE Group President Lynn Martin

Lynn Martin, President of NYSE Group, shared her thoughts on Carter’s passing, stating, “Jimmy Carter, with humble roots as a farmer and family man, devoted his life to public service and defending our freedom. During his noteworthy post-presidential life, President Carter left an enduring legacy of humanitarianism.” Martin further emphasized that the closure of the markets was a fitting tribute to the extraordinary life that President Carter led.

The U.S. Flag at Half-Staff Above the NYSE

As part of the mourning process, the U.S. flag above the New York Stock Exchange will be flown at half-staff. This gesture symbolizes the nation's respect and reverence for President Carter’s life of service. The flag will remain at half-staff for the duration of the mourning period, offering a solemn reminder of the legacy left behind by the former president.

Bond Markets Remain Open with Modified Hours

While the NYSE and Nasdaq will remain closed, the bond markets will continue to operate. However, the bond markets will have a shortened trading day, closing early at 2 p.m. This allows for a period of reflection while still maintaining operations for those engaged in the bond market. Despite the closure of the stock exchanges, the bond market will remain functional for a portion of the day.

The closure of the U.S. stock markets for the National Day of Mourning represents a significant moment in honoring President Jimmy Carter's legacy. The markets will reopen on the following trading day to resume regular operations, but today, the focus is on remembering the former president's contributions to the nation and the world.

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