NYSE closing either TUES or WED

Quote from S2007S:

might be a 4 day weekend for some.
Ive always heard that they dont like to shut down the exchanges for more than 3 days in a row. So maybe Wednesday. Who knows. jim
 
by law, banks and financial markets cannot be closed more than 3 days in a row. So unless the state funeral is held off until next wednesday, I doubt there will be a day off. This is an interesting situation however, considering they always honor a president with a market close.
 
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