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.

Zhitong Finance35minutes ago

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.

Zhitong Finance03:08 ET

Here's How Stocks Performed the Last Time a President Ended a Re-election Bid - in 1968

Stocks rose after LBJ's surprise announcement, but the market had already priced in Biden's withdrawal.

MarketWatch21:20 ET

Stock Futures Inch Higher, but Biden's Withdrawal Adds to Increasingly Uncertain Outlook for Markets

President Joe Biden has officially dropped out of the race for president, injecting even more uncertainty into the outlook for markets at an increasingly critical juncture.

MarketWatch20:52 ET

Biden Drops Out of Presidential Race and Endorses Vice President Kamala Harris to Replace Him

President Biden said Sunday he was ending his presidential run after failing to quell a Democratic rebellion against his candidacy fueled by a catastrophic June debate performance, capping a five-decade political career and marking one of the most monumental political collapses in American history.

Dow Jones20:41 ET

7/22 [Strength and Weakness Materials]

[Bullish Material] Bullish materials, active share buybacks, expectations for inflation stabilization in the United States, and requests from the Tokyo Stock Exchange to improve corporate value. Bearish materials include a decline in the Nikkei average (40,063.79, -62.56), a decline in the Dow Jones Industrial Average (40,287.53, -377.49), a decline in the NASDAQ Composite Index (17,726.94, -144.28), 1 dollar = 157.20-30 yen, a decline in Chicago Nikkei futures (39,660, -380 compared to Osaka), and a decline in the SOX index (5,267.16, -169.26).

Fisco Japan20:40 ET