Stock Markets will close on Friday in honor of President Reagan - Dallas Dance Music - Dallas nightlife, music, tickets, and more

Tortures Dionysos · 06-07-04, 03:40 PM

By Brendan Intindola

NEW YORK (Reuters) - U.S. stock markets will close this Friday to mark the death of former President Ronald Reagan (news - web sites), the New York Stock Exchange (news - web sites) and Nasdaq Stock Market confirmed on Monday.

The American Stock Exchange will also be closed. Wall Street sources had earlier told Reuters that the NYSE and Nasdaq, the two primary U.S. stock markets, would close. The New York Mercantile Exchange and the Chicago Board Options Exchange said they too would be closed.

Over the past 30 years, there have been nine unexpected market closes, according to the Securities Industry Association.

"President Reagan was a great champion of free people and free markets," said NYSE Chief Executive John Thain in a prepared statement. "It is appropriate that the nation's markets on Friday will honor President Reagan's contributions to freedom and democracy."

Nasdaq, in a statement, said: "Out of respect and honor for President Ronald Reagan and in accordance with our country's national day of mourning the Nasdaq Stock Market Inc. will be closed on Friday, June 11, 2004."

Over the weekend, President Bush (news - web sites) designated Friday, the day of Reagan's funeral, as a day of mourning and ordered government offices closed for the day.

The U.S. Securities and Exchange Commission (news - web sites) will not accept regulatory filings on Friday as its EDGAR document filing service will be closed. Any filing that had been due by June 11 will now be due by Monday, June 14.

MysteryMeat · 06-07-04, 03:47 PM

I can guarantee there are a quite a lot of Capitalists in this country who couldn't give two shits about Reagan's death as compared to closing the Stock Market.

TheHawk · 06-07-04, 04:18 PM

I thought they opened 2 mins late today to honor Reagan

Ryan · 06-07-04, 04:20 PM

I don't think Reagan would like having capitalism come to a hault over his death.

DJ Cubano · 06-07-04, 04:33 PM

holla:

EXECUTIVE ORDER

PROVIDING FOR THE CLOSING OF GOVERNMENT DEPARTMENTS

AND AGENCIES ON JUNE 11, 2004

By the authority vested in me as President by the Constitution and laws of the United States of America, it is hereby ordered as follows:

Section 1. All executive departments, independent establishments, and other governmental agencies shall be closed on June 11, 2004, as a mark of respect for Ronald Reagan (search), the fortieth President of the United States. That day shall be considered as falling within the scope of Executive Order 11582 of February 11, 1971, and of 5 U.S.C. 5546 and 6103(b) and other similar statutes insofar as they relate to the pay and leave of employees of the United States.

Sec. 2. The first sentence of section 1 of this order shall not apply to those offices and installations, or parts thereof, in the Department of State, the Department of Defense, the Department of Justice, the Department of Homeland Security, or other departments, independent establishments, and governmental agencies that the heads thereof determine should remain open for reasons of national security or defense or other essential public business.

GEORGE W. BUSH

MysteryMeat · 06-07-04, 05:36 PM

I think we should pass out condoms and clean needles to honor the memory of President Reagan.

06-07-04, 04:18 PM	#3 (permalink)
TheHawk Captain Semantics Join Date: Sep 2003 Location: oil country Posts: 2,046	I thought they opened 2 mins late today to honor Reagan __________________ TheHawk Raptor Media Services, Werd of Prey Apparel "I originally set out to try and save the world, but now I'm not sure I like it enough." -Banksy For help with any and all technical issues, please click here.

06-07-04, 04:33 PM	#5 (permalink)
DJ Cubano Join Date: Oct 2001 Location: Official DDM Ninja #1 Posts: 4,319	holla: EXECUTIVE ORDER PROVIDING FOR THE CLOSING OF GOVERNMENT DEPARTMENTS AND AGENCIES ON JUNE 11, 2004 By the authority vested in me as President by the Constitution and laws of the United States of America, it is hereby ordered as follows: Section 1. All executive departments, independent establishments, and other governmental agencies shall be closed on June 11, 2004, as a mark of respect for Ronald Reagan (search), the fortieth President of the United States. That day shall be considered as falling within the scope of Executive Order 11582 of February 11, 1971, and of 5 U.S.C. 5546 and 6103(b) and other similar statutes insofar as they relate to the pay and leave of employees of the United States. Sec. 2. The first sentence of section 1 of this order shall not apply to those offices and installations, or parts thereof, in the Department of State, the Department of Defense, the Department of Justice, the Department of Homeland Security, or other departments, independent establishments, and governmental agencies that the heads thereof determine should remain open for reasons of national security or defense or other essential public business. GEORGE W. BUSH __________________ armandocajide.com when I get some money and pay for it to go back up. :)

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06-07-04, 03:47 PM	#2 (permalink)
MysteryMeat Ain't your momma's meat Join Date: Feb 2004 Posts: 1,364	I can guarantee there are a quite a lot of Capitalists in this country who couldn't give two shits about Reagan's death as compared to closing the Stock Market.

06-07-04, 04:20 PM	#4 (permalink)
Ryan Join Date: Aug 2002 Location: Austin, TX Posts: 3,783	I don't think Reagan would like having capitalism come to a hault over his death.

06-07-04, 05:36 PM	#6 (permalink)
MysteryMeat Ain't your momma's meat Join Date: Feb 2004 Posts: 1,364	I think we should pass out condoms and clean needles to honor the memory of President Reagan.