US stock markets remained closed on Thursday, January 9, to observe a National Day of Mourning for former president Jimmy Carter.
The New York Stock Exchange (NYSE) and Nasdaq announced the suspension of trading activities on January 9.
The New York bourse will also fly the US national flag at half-staff throughout the mourning period.
The National Day of Mourning was declared by US President Joe Biden, following Carter’s demise at the age of 100.
The practice of closing equity markets to honour late US presidents dates back to 1865, following the assassination of president Abraham Lincoln.
On Wednesday, US stocks ended little changed as investors digested the impact of two conflicting sets of jobs data and a media report that said President-elect Donald Trump was mulling a national economic emergency declaration on inflation.
The Dow Jones Industrial Average rose 106.84 points, or 0.25%, to 42,635.20, the S&P 500 gained 9.20 points, or…
