In Rare Move Stock Market Will Close January 9th, Here’s Why

Trading will be closed on the New York Stock Exchange on January 9th to honor the national day of mourning for the death of former president Jimmy Carter.

Nasdaq reported it will also close all U.S. trading and options on January 9th.

Lynn Martin, President of NYSE Group, stated, “Jimmy Carter, with humble roots as a farmer and family man, devoted his life to public service and defending our freedom.”

The last time the NYSE was closed was in 2018, when former President George H. W. Bush died.

🚨🚨US stock markets will close Jan. 9, in observance of a national day of mourning for former President Jimmy Carter.
Equity options expiring on January 9 will be moved to expire on January 8.

Lear about this long standing market Tradition
The New York Stock Exchange, Nasdaq…

— Ripster (@ripster47) December 30, 2024

Here’s what USA Today reported:

Trading on the New York Stock Exchange will be closed on Thursday, Jan. 9 in accordance to 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.

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“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.

The New York Stock Exchange will close trading on January 9 to honor a national day of mourning for former President Jimmy Carter.

Nasdaq will also close for trading that day. https://t.co/ncEZdF0TtH

— NBC Politics (@NBCPolitics) December 30, 2024

Check out what NBC News reported:

The New York Stock Exchange will close trading on January 9 to honor a national day of mourning for former President Jimmy Carter.

It is customary for the NYSE to close trading to honor the passing of the president. The last such occasion was in December 2018 for the death of George Herbert Walker Bush.

Nasdaq will also close for trading that day. The bond market will close early at 2:00 p.m. ET, per the recommendation of the Securities Industry and Financial Markets Association.