💼 A day of mourning on Wall Street!
US stock markets including the NYSE, Nasdaq and Cboe Global Markets will be closed on Thursday, January 9, 2025. This is due to a national day of mourning for former President Jimmy Carter who died yesterday, December 29 at the age of 100. This act is part of a long-standing tradition where the United States pays tribute to its presidents by halting trading activities.

🔒 Closing of major stock exchanges:
The New York Stock Exchange (NYSE), Nasdaq and Cboe will remain closed all day.
The bond markets will close trading at 14:00 local time.

🎗 Symbolic meaning:
As stated by NYSE GroupPresident Lynn Martin: "The New York Stock Exchange will honor President Carter's lifetime of service to our nation by closing the markets and flying the American flag at half-staff."

🔍 The national day of mourning for the president is not just a formality, but also a reminder of the connection between capitalism and democratic values. As a symbol of American economic success, Wall Street shows that finance also respects history and tradition.

The closing of the markets on the death of a president dates back to 1865, when the assassination of Abraham Lincoln caused national mourning. Since then, the stock markets have halted on the death 21 of American presidents and other key figures.

Are you glad for the days off in the market, or do you not even notice?