US stock markets to remain closed in honor of Jimmy Carter on National Day of Mourning

AP Business Writer

NEW YORK (AP) — U.S. stock markets will close on Thursday of next week in honor of former President Jimmy Carter, continuing a long-held Wall Street tradition in mourning the nation’s leaders. Both the New York Stock Exchange and Nasdaq announced this week that they plan to close their equity and options markets on January 9 in observance of a National Day of Mourning for the 39th U.S. president and global humanitarian. Carter died on Sunday. He was 100 years old. The suspension of trading following the death of a U.S. president dates back years. According to the NYSE, for example, surviving records indicate that the first time the centuries-old exchange closed to honor a deceased president was likely in April 1865, following the assassination of President Abraham Lincoln.