The Texas Governor's Office announced that Governor Greg Abbott participated in a virtual bell-ringing ceremony with Nasdaq, Inc., marking the closure of the Nasdaq stock exchange to commemorate Texas' economic successes. The event took place at the Governor's Mansion in Austin. This prestigious occasion signified recognition for the robust economic growth witnessed by the state.
Initiating this noteworthy occasion, In a global live broadcast, the Governor, accompanied by First Lady Cecilia Abbott, participated in a virtual bell-ringing ceremony alongside Nasdaq Executive Vice Chairman Ed Knight and Head of Listing Karen Snow. After delivering remarks, Governor Abbott, Chairman Knight, and Head of Listing Snow engaged in the ceremony, according to a press release by the Office of the Texas Governor.
Proudly reflecting on his state's accomplishments, "Texas is the home of innovation, freedom, and opportunity," said Abbott, according to a press release by the Office of the Texas Governor. "With an annual GDP of $2.4 trillion—the eighth-largest economy in the entire world—and more Fortune 500 companies than any other state in the nation, we are America’s economic juggernaut. As so many business owners in our great state know, Texas is the modern embodiment of the American dream. One thing is clear, 187 years after Texas was founded, there has never been a better time to be a Texan."
Highlighting its global contribution, Nasdaq offers technology, insights and market expertise on a global scale contributing to advancement of capital markets and beyond. Their solutions range from innovative index creation to leading-edge technology supporting over 130 markets worldwide encompassing market platforms; capital access platforms fostering economic growth and transparency; and financial technology addressing challenges in risk management, regulatory compliance, and capital markets infrastructure, according to the Nasdaq website.
Taking a look back at Governor Abbott's political journey, Greg Abbott became the 48th Governor of Texas in 2014, having previously served as the 50th and longest-serving Attorney General in Texas history. He secured re-election to a third term in 2022, according to the Office of the Texas Governor.