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.DJI Dow Jones Industrial Average
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Trading Jul 22 09:36 ET
40461.690High40381.890Low
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News
Bitcoin Briefly Tops $68K Amid Biden's Withdrawal From Presidential Race: What's Next?
Financial markets, including currencies, shares, cryptocurrencies, and commodities, are poised to react to US President Joe Biden's withdrawal from the 2024 presidential race. Wall Street and European markets may face increased volatility.
USA PCE, Google, and Tesla's financial reports are coming! Expectations for interest rate cuts and the "AI faith" face a big test.
Last Friday, global technology stocks fell sharply, causing market turbulence and putting pressure on the technology sector; the US stock market retreated from its historical high point.
S&P 500 Elliott Wave Technical Analysis [Video]
Orange Wave 3 completed at 5680.49, now in Orange Wave 4 of 5. Wave Cancel Invalid Level: 5125.98.
What does Biden's withdrawal mean for the global financial markets?
USA current President Joe Biden announced that he will not seek re-election, and supports Vice President Kamala Harris as the Democratic candidate. This news was released at a critical moment less than four months before the November election, which may exacerbate the instability of Wall Street.
A Stock Market Rotation of Historic Proportions Is Taking Shape
By Karen Langley The stock market has suddenly turned upside down. The market's laggards have sprung to life in recent days, while the seemingly impervious "Magnificent Seven" group of technology
Elliott Wave Analysis: Nasdaq Tech Stocks and S&P 500 Correction Phase Strategies [Video]
NASDAQ 100 (NDX), SP500 (SPX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave analysis and trading strategies:
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Financial markets, including currencies, shares, cryptocurrencies, and commodities, are poised to react to US President Joe Biden's withdrawal from the 2024 presidential race. Wall Street and European markets may face increased volatility.
Following an assassination attempt on Donald Trump, Biden has decided to withdraw from the race and endorse Vice President Kamala Harris as the Democratic nominee. Investors ...
Following an assassination attempt on Donald Trump, Biden has decided to withdraw from the race and endorse Vice President Kamala Harris as the Democratic nominee. Investors ...
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US Stock Market Review 15 - 19 July 2024
- $Dow Jones Industrial Average(.DJI.US$ closed lower -0.93% (-377.49, 40,287.53) due to concerns over potential interest rate hikes by the Federal Reserve, which could impact economic growth and corporate profits.
- $NASDAQ(NASDAQ.US$ saw decrease of 0.81% (-144.28, 17,726.94) driven by a sell-off in tech stocks as investors rotated out of high-growth sectors due to fears of tighter monetary policy.
- $S&P 500 Index(.SPX.US$ do...
- $Dow Jones Industrial Average(.DJI.US$ closed lower -0.93% (-377.49, 40,287.53) due to concerns over potential interest rate hikes by the Federal Reserve, which could impact economic growth and corporate profits.
- $NASDAQ(NASDAQ.US$ saw decrease of 0.81% (-144.28, 17,726.94) driven by a sell-off in tech stocks as investors rotated out of high-growth sectors due to fears of tighter monetary policy.
- $S&P 500 Index(.SPX.US$ do...
2
On Sunday, July 21, President Biden announced in a social media post that he will not seek re-election in 2024, throwing his full support behind Vice President Kamala Harris for the Democratic presidential nomination.
In his message, Biden stated that while he initially intended to run for re-election, he believes it is in the best interest of the Democratic Party and the country to step aside and focus on completing his...
In his message, Biden stated that while he initially intended to run for re-election, he believes it is in the best interest of the Democratic Party and the country to step aside and focus on completing his...
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Jay Hatfield, CEO at Infrastructure Capital Advisors, said he expects a “muted stock market reaction” to Biden’s resignation from the presidential race, as it had been largely expected as calls for him to bow out grew louder.
“The fact that Biden endorsed Kamala Harris reduces uncertainty. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning,” Hatfield said.
Earnings and central bank policy will also be to...
“The fact that Biden endorsed Kamala Harris reduces uncertainty. There may be a small unwinding of the Trump trade on Monday as Vice President Harris is perceived to have a slightly better chance of winning,” Hatfield said.
Earnings and central bank policy will also be to...
2
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