Markets will close for Ford funeral

The arrangements, to be announced sometime today, will likely involve a small private ceremony in Palm Desert, where the public will be given an opportunity to pay respects. In Washington, there will be a period of public mourning. Whenever the funeral happens, the stock market will shut down, a long-standing tradition. This morning, the New York Stock Exchange observed a two-minute moment of silence for the 38th President of the United States.