Nasdaq to close Tuesday for President Ford's funeral

SAN FRANCISCO (MarketWatch) -- The Nasdaq Stock Market said late Thursday it will close next Tuesday to mark the funeral of President Gerald Ford. President Bush announced earlier that Tuesday will be a national day of mourning. The New York Stock Exchange was expected to make an announcment shortly, the Associated Press reported. Ford died at his Rancho Mirage, Calif., home on Tuesday at age 93. In the past, financial markets have closed for presidential funerals.