The US dollar and Asian stock markets declined. Biden previously announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over the fight.
Bloomberg US Dollar Spot Index $USD(USDindex.FX)$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR)$
$Nikkei 225(.N225.JP)$
$S&P/ASX 200(.XJO.AU)$
$Hang Seng Index(800000.HK)$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...

The U.S. stock market has hit new highs again! Congrats!👏 If you started investing in the US market at the beginning of the year and haven't made any major mistakes, you've probably seen some gains! 🎉
As we hit the mid-year mark, let's take a look back at our Premium Learning journey. Driven by AI and major tech stocks, the $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ have repeatedly reached new highs over...

一个圆圈，代表我们已经认知的世界，而圆形弧线以外则代表尚未认识的世界。推导：当圆圈越大，象征我们知道的越多。圆形弧线外围接触的空间更是成倍地增加。结论：只有累积足够的知道，才会发现我们的无知。（但这不会妨碍我们继续学习）

股票投资真的不是适合所有人，如果是以下情况，请三思一下，股票真的不适合你了。
1. 那些想一夜暴富的，不合适。
2. 无法承受的变化的人也是不适合。
3. 希望别人做功课后，自己什么都不做就能赚钱的人，也是不适合投资股票。
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（为自己喜欢的买单，是我的行事风格）

2023 was a year of uncertainty and adjustments for the US stock market, as investors navigated a complex landscape of economic and monetary policy changes. While the year saw periods of both optimism and pessimism, the overarching narrative remains focused on the Fed's actions and their impact on the broader economy.
To evaluate US stock market performance, let's review the $S&P 500 Index(.SPX.US)$'s progress this year:
*Images prov...