Former President Jimmy Carter's passing has led to a national day of mourning on January 9, with both the New York Stock Exchange (NYSE) and Nasdaq announcing the closure of their markets in honor of the late president. Carter, who served as the 39th President of the United States from 1977 to 1981, passed away at the age of 100.
NYSE Group President Lynn Martin stated that President Carter, known for his humble roots as a farmer and family man, dedicated his life to public service and defending freedom. The NYSE will pay tribute to Carter's lifetime of service by closing its markets on the National Day of Mourning. Similarly, Nasdaq President Tal Cohen expressed condolences to the Carter Family and announced the closure of Nasdaq's U.S. markets to celebrate Carter's life and legacy.
President Biden declared January 9, 2025, as a National Day of Mourning, instructing public buildings and the military to lower flags to half-staff for 30 days. The NYSE and Nasdaq also lowered their American flags to half-staff in honor of President Carter.
The Carter Center confirmed that former First Lady Rosalynn Carter passed away last year, leaving behind four children, 11 grandchildren, and 14 great-grandchildren. Carter's son Chip described his father as a hero who believed in peace, human rights, and unselfish love, and thanked the public for honoring his father's memory by continuing to live by these shared beliefs.
As the nation mourns the loss of the former president, both the NYSE and Nasdaq will stand in solidarity by closing their markets on January 9 to pay tribute to Jimmy Carter's impactful legacy of public service and humanitarianism.