On January 9th, the US stock market will be closed for a National Day of Mourning in honor of the passing of the 39th President, Jimmy Carter. A series of commemorative events will be held across the country, including a state funeral at Washington National Cathedral. Normal trading will resume on January 10th (Friday).
Adjustments to Stock and Futures Market Trading
During the National Day of Mourning, several futures trading arrangements under CME (Chicago Mercantile Exchange) will be adjusted:
- Stock Index Futures Trading: Closes early at 10:30 PM Beijing time;
- Interest Rates and Agricultural Products Futures Trading: Closes early at 2:15 AM Beijing time on the 10th;
- Government Bond Futures Trading: Closes early at 3:30 AM Beijing time on the 10th;
- Precious Metals, Energy, Forex, and Cryptocurrency Futures Trading: Operate as usual.
This adjustment provides a special arrangement for the market to honor the National Day of Mourning while ensuring trading liquidity.
Carter's Historical Contributions and Commemorative Activities
Jimmy Carter passed away on December 29, 2024, at his home in Georgia, at the age of 100. He served as the 39th President of the United States from 1977 to 1981, making significant contributions to international diplomacy and the peace process during his tenure.
- China-US Diplomatic Relations: During Carter’s presidency, China and the US formally established diplomatic relations in 1979, laying an important foundation for bilateral relations;
- Middle East Peace: Carter facilitated the signing of the Camp David Accords between Egypt and Israel, regarded as a significant milestone in the Middle East peace process;
- New Panama Canal Treaty: The Carter administration signed a treaty with Panama, promising to withdraw all troops and return canal sovereignty to Panama.
Commemorations include Carter’s coffin being placed in the US Capitol from the evening of the 7th to the 8th for public viewing. A state funeral will be held on the 9th at Washington National Cathedral, attended by people from political and social circles.
Impact on the Market and Society
As a significant historical figure, Carter's death has prompted profound national mourning. The closure of the stock market on the National Day of Mourning reflects respect for President Carter and offers investors the opportunity to adjust their trading plans. As the market resumes normal trading on January 10th, investors will continue to focus on economic data and market trends.
On this day, Carter's contributions and his centennial life will be remembered in the hearts of Americans and in the annals of US history.
