Trading in the U.S. bond market will end early, at 2 p.m. New York time, and U.S. stock markets remain closed for the entire day to mark former President Jimmy Carter’s memorial

Bond markets will be open, but for reduced hours, closing early at 2 p.m. ET, according to a recommendation from the Securities Industry and Financial Markets Association. Carter's remains will be taken to the Washington National Cathedral in Washington,

Stock market closures are rare outside of regular holidays. Other events that closed the market include Hurricane Sandy and the September 11 attacks.

The New York Stock Exchange is closed today in observance of the National Day of Mourning in recognition of the passing of former President Jimmy Carter. "Jimmy Carter, with humble roots as a farmer and family man,