Both the New York Stock Exchange and Nasdaq will close for trading today, Jan 20th, in honor of former President Jimmy Carter.
The New York Stock Exchange and the Nasdaq will both close for trading today, as the financial industry joins a rare mid-week trading shutdown. This continues a Wall Street tradition that goes back to 1865. After President Abraham Lincoln was assassinated, the New York Stock Exchange closed for days. When Carter died, the financial industry collectively made a decision to honor what he's done, the service he's provided as president — and after he's been president,' says Tal Cohen, president of.
It's rare for the stock market to close in the middle of the week. And it's not always planned: Both the NYSE and the Nasdaq closed in reaction to the. Cohen tells NPR that the Nasdaq had some time to prepare for today, as Carter died almost two weeks ago. His company made its plans with other exchanges, regulators, and other parts of the financial industry
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