Jimmy Carter’s journey from a small-town peanut farmer to a global champion of peace and democracy is a story of dedication, resilience, and service.

The 39th President of the United States passed away on December 29, 2024, at the age of 100. He is known for his humanitarian work after a turbulent presidency. Carter’s presidency (1977–1981) was marked by domestic and international turmoil. Double-digit inflation, sky-high interest rates, and an energy crisis plagued his administration, the BBC reported.

Jimmy Carter’s Legacy

Internationally, Carter’s handling of the Iran hostage crisis underscored the complexities of his tenure. On November 4, 1979, revolutionaries stormed the US Embassy in Tehran, taking American diplomats hostage for 444 days. The crisis deeply affected national morale and Carter’s reelection bid.

Former U.S. President Jimmy Carter has died at age 100. Here are some of his quotes: https://t.co/8Jvom3caE1 pic.twitter.com/mg5iY59S7H

— Reuters (@Reuters) December 30, 2024

Despite these struggles, Carter’s Middle East diplomacy brought a historic triumph. In 1978, he brokered the Camp David Accords, a landmark peace agreement between Egypt and Israel. This agreement ended decades of hostility and earned global recognition.

After leaving the White House with low approval ratings, Carter transformed his legacy through tireless humanitarian efforts. In 1982, he founded The Carter Center, an organization focused on democracy, human rights, and global health.

Carter’s commitment to peace earned him the Nobel Peace Prize in 2002. His efforts spanned continents, addressing conflicts in Ethiopia, Haiti, and Bosnia and promoting fair elections in emerging democracies.

NYSE Honors Jimmy Carter

The New York Stock Exchange (NYSE) will close its markets on January 9, 2025, in observance of a National Day of Mourning for former President Jimmy Carter. According to a post by the NYSE on X, this gesture highlights Carter's profound impact on the nation as a leader and as a humanitarian. Lynn Martin, President of the NYSE Group, praised Carter’s life of service.

The NYSE honors the life and legacy of President Jimmy Carter with a moment of silence. 🇺🇸 https://t.co/ErE2MgBPja

— NYSE 🏛 (@NYSE) December 30, 2024

“Jimmy Carter, with humble roots as a farmer and family man, devoted his life to public service and defending our freedom. During his noteworthy post-presidential life, President Carter left an enduring legacy of humanitarianism,” Martin said.

The observance will include all NYSE Group equity and options markets, including NYSE American Equities, NYSE Arca, and NYSE Chicago. Flags above the iconic NYSE building will fly at half-staff throughout the mourning period, symbolizing national respect and gratitude for Carter’s contributions.