Thu Jan 09 20:59:56 UTC 2025: ## Wall Street Halts Trading to Mourn Former President Jimmy Carter

**WASHINGTON, D.C. –** In a rare mid-week closure, the New York Stock Exchange and Nasdaq observed a national day of mourning for former President Jimmy Carter, halting trading on Thursday, January 8th. Carter, who passed away on December 29th at the age of 100, is lying in state in the U.S. Capitol Rotunda. His state funeral is being held today.

This marks the first time the major stock exchanges have closed since the death of President George H.W. Bush in 2018, continuing a long-standing tradition dating back to the assassination of President Abraham Lincoln in 1865. The decision to close was made in recognition of Carter’s legacy of service, both during and after his presidency, according to NYSE President Lynn Martin and Nasdaq President Tal Cohen.

While the stock markets are closed, bond markets are operating on a shortened schedule, closing at 2 p.m., as recommended by the Securities Industry and Financial Markets Association (SIFMA). The closure, though a significant undertaking requiring coordination across the financial industry, was deemed a worthwhile tribute to the former president, Cohen stated. While unplanned closures have occurred in response to events such as 9/11 and Hurricane Sandy, the decision to close for Carter’s funeral reflects the profound impact he had on the nation.

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