Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

NYSE to close for Reagan's funeral

|
|
 
  
Published: June 7, 2004 at 1:48 PM
Advertisement

NEW YORK, June 7 (UPI) -- The New York Stock Exchange said Monday it will be closed for the entire day Friday in respect for the late Ronald Reagan.

"It is appropriate that the nation's markets on Friday will honor President Reagan's contributions to freedom and democracy," NYSE chairman John Thain said. "President Reagan was a great champion of free people and free markets ... He believed strongly in the ability of capitalism to foster opportunity and prosperity," Thain added.

Reagan became the first sitting U.S. president to visit the NYSE on March 28, 1985, when he addressed the trading floor and Exchange community about his economic plan. He also visited the Exchange on May 13,1992 with former Soviet President Mikhail Gorbachev as part of the NYSE's bicentennial commemoration.

Federal government offices will also be closed Friday when Reagan's funeral takes place at Washington's National Cathederal.

Topics: John Thain, Mikhail Gorbachev, Ronald Reagan
© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Protesters, police clash at NATO summit Notable deaths of 2012 2012 Billboard Music Awards
The 137th Preakness Stakes Annual Solar eclipse occurs in U.S. Chen Guangcheng arrives in the U.S.
Additional Business News Stories
1 of 25
Protests at the 2012 NATO Summit in Chicago
View Caption
fark
You will live forever...although you'll look creepy and speak Russian
Pictures from the BDSM community's DomCom in Los Angeles. Click the link. CLICK IT NOW, WORM (Not...
Theme : Create a Fark doodle
Leftist candidate for Mexican congress gives voters two reasons to support her
Hollywood loves sequels: MPAA to push SOPA follow-up in 2013
Someone spent $18,000 on Queen Elizabeth's panties. Her used panties