President Biden has designated Thursday, January 9, as a national day of mourning for Jimmy Carter, a day that coincides with the 39th president’s state funeral.

In addition to ordering flags to be flown at half-staff for 30 days, Mr. Biden issued an executive order on Monday requiring federal offices to close for the day in honor of Carter, who died on December 29th at the age of 100, the longest living US president.

However, not all federal employees have the day off as some are essential workers. But post offices are closed and most mail goes undelivered.

Wall Street is largely closed on Thursday, as well as the last national day of mourning following the death of former President George HW Bush in December 2018.

“Jimmy Carter, with humble roots as a farmer and family man, dedicated his life to public service and defending our freedom,” Lynn Martin, president of the NYSE Group, said in a press release announcing the New York Stock Exchange on Thursday the markets will close to honor his death.

“President Carter was an exemplary leader, one who tirelessly continued his efforts to improve the human condition even after his term in public office had ended. His contributions will be felt by people around the world for many years to come,” Nasdaq President Tal Cohen said in announcing that the exchange would suspend trading in U.S. stocks and options.

The bond market will close early at 2:00 p.m. Eastern Time on the recommendation of the Securities Industry and Financial Markets Association (SIFMA).

Most banks will remain open on Thursday because it is not an official federal holiday.

The same is true for most public schools, but many are expected to observe a moment of silence at 10 a.m. Thursday, when Carter’s funeral is scheduled to begin at the Washington National Cathedral in Washington, DC