President Biden has declared Thursday, January 9, a national day of mourning for Jimmy Carter, a day that coincides with the 39th president’s state funeral.
In addition to ordering flags to fly at half-staff for 30 days, Mr. Biden issued an executive order on Monday closing federal offices for the day. in honor of Carter, who died on December 29 at the age of 100, the longest-living American president.
However, not all federal workers get the day off as some are essential. But the post offices are closed and most mail is not delivered.
Wall Street will largely close on Thursday, just like on the last national day of mourning after former President George HW Bush died in December 2018.
“From humble roots as a farmer and family man, Jimmy Carter dedicated his life to public service and defending our freedom,” Lynn Martin, chairman of the NYSE Group, said in a press release announcing the New York Stock Exchange on Thursday the markets would close. to honor his passing.
“President Carter was an exemplary leader, one who tirelessly continued his efforts to improve the human condition even after his term ended. His contributions will be felt by people around the world for years to come,” said Tal Cohen, president of Nasdaq . , said in announcing that the exchange would halt trading in U.S. stocks and options.
The bond market closes early, at 2:00 PM Eastern Time, per the recommendation of the Securities Industry and Financial Markets Association (SIFMA).
Most banks remain open on Thursday because it is not an official federal holiday.
The same goes for most public schools, but many are expected to observe a minute of silence at 10 a.m. Thursday, when Carter’s funeral will begin at the Washington National Cathedral in Washington, DC.
