The U.S. stock market will be closed and the bond market will shut early. In the U.K., the pound and bonds continued to sell off.

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 buck's latest surge comes as rising Treasury yields attract funds, and so-called 'U.S. exceptionalism' - a strong economy containing many of the world's biggest and most successful companies - encourages global investors to buy American assets.

Nvidia stock (NVDA) hit a new record high on Jan. 7 of $153.13 during intraday trading but eventually closed down over 6.2% as CEO Jensen Huang outlined the company’s artificial intelligence (AI) endeavors in his keynote speech at CES 2025.