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- The US stock market will close on January 9, 2025, to honor the passing of former President Jimmy Carter.
- This closure includes major exchanges like the New York Stock Exchange and Cboe Global Markets.
- The day of mourning is a national tribute to the 39th President of the United States.
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Quick Brief
2-Minute Digest
Essential Context
In observance of the National Day of Mourning for former President Jimmy Carter, the US stock market will be closed on January 9, 2025. This includes all trading sessions on major exchanges such as the New York Stock Exchange and Cboe Global Markets.
Core Players
- Jimmy Carter – 39th President of the United States
- New York Stock Exchange – One of the world’s largest stock exchanges
- Cboe Global Markets – Leading derivatives and securities exchange network
Key Numbers
- January 9, 2025 – Date of market closure
- 1977-1981 – Jimmy Carter’s presidency term
- Cboe, NYSE, and other exchanges – Affected markets
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The Catalyst
The decision to close the market is a tribute to Jimmy Carter, who passed away and is being honored with a National Day of Mourning.
This gesture reflects the respect and admiration for his contributions to the nation.
Inside Forces
The closure involves various exchanges, including Cboe’s equities and options exchanges, Cboe Futures Exchange, and the New York Stock Exchange. However, some parts like the Cboe Digital Exchange will remain open.
This coordinated effort across different market segments ensures a uniform observance of the day of mourning.
Power Dynamics
The decision to close the markets is supported by key financial institutions and regulatory bodies, demonstrating a unified respect for the former president.
This solidarity underscores the significance of the day of mourning in the financial community.
Outside Impact
The market closure will affect trading activities globally, as international traders and investors adjust to the US market’s temporary shutdown.
This event may also influence short-term market volatility and investor sentiment.
Future Forces
In the aftermath of the market closure, normal trading activities will resume on January 10, 2025. The long-term impact on market trends and investor confidence will be closely monitored.
The tribute to Jimmy Carter serves as a moment for reflection on his legacy and its ongoing influence on American politics and society.
Data Points
- December 30, 2024 – Announcement of market closure
- January 9, 2025 – Date of market closure
- Cboe, NYSE – Affected exchanges
- Global Trading Hours – Excepted trading sessions for some exchanges
The closure of the US stock market on January 9, 2025, in honor of Jimmy Carter, highlights the respect and admiration for his presidency and contributions. This event underscores the unity and solidarity within the financial community and its ability to observe significant national tributes.
