President Biden has declared Thursday, January 9, a national day of mourning for Jimmy Carter, coinciding with the state funeral of the 39th president.
In addition to ordering that flags remain at half-staff for 30 days, Mr. Biden on Monday issued an executive Order whose federal offices are closed for the day In honor of Carter, who died on December 29 at the age of 100, was the longest-lived US president.
However, not all federal employees receive leave, as some receive required leave. But post offices will remain closed and most of the mail will not be delivered.
Wall Street is closing largely on Thursday, as it did on the last national day of mourning following the death of former President George HW Bush in December 2018.
“Jimmy Carter, with humble roots as a farmer and family man, dedicated his life to public service and defending our freedoms,” NYSE Group Chairman Lynn Martin said in a statement. release Announcing that the New York Stock Exchange would keep the markets closed on Thursday in honor of his passing.
Tal Cohen, Chairman of Nasdaq, said, “President Carter was an exemplary leader who continued his tireless efforts to improve the human condition even after his term in public office ended. His contributions will be felt by people around the world for years to come. do.” , Said Announcing that the exchange would cease trading US equities and options.
The bond market is closing early at 2 p.m. Eastern Time recommendation Securities Industry and Financial Markets Association (SIFMA).
Most banks will be open on Thursday because it is not an official federal holiday.
The same is true for most public schools, but many are expected to observe a minute of silence at 10 a.m. Thursday, when Carter's funeral is scheduled to begin at the Washington National Cathedral in Washington, DC.