IWM iShares Russell 2000 ETF
- 216.840
- -1.110-0.51%
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.
Before the technology financial report, Biden backed down again and the market became even more "uncertain".
Traders are working hard to cope with the uncertainty of the Federal Reserve's interest rates and the upcoming performance of technology giants, and now they must further weigh how Harris or other candidates will counter Trump. With only four months left until the election, there are too many unknowns, and the US stock market may face a "turbulent summer".
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.
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.
Kamala Harris Navigates Another Path With Little Precedent
With President Biden's exit from the race, Vice President Kamala Harris is now seen as the Democrats' likely pick -- and her boss's choice -- to take on Donald Trump, offering her a chance to make history as the first woman of color on the top of a major party ticket.
Biden Campaign: Time to Support Vice President Kamala Harris
Top Biden campaign officials are telling staff that the president's campaign is moving forward to support Vice President Kamala Harris, according to a person familiar with a staff call Sunday.
Biden Is Dropping Out of Presidential Race -- 4th Update
By Andrew Restuccia, Annie Linskey and Catherine Lucey President Biden said Sunday he was ending his presidential run after failing to quell a Democratic rebellion against his candidacy fueled by a
Megacaps Must Boost Guidance to Thwart 'Epic' Momentum Reversal
Biden Is Dropping Out of Presidential Race -- 3rd Update
By Andrew Restuccia and Annie Linskey President Biden said Sunday he was ending his presidential run, after failing to quell a Democratic rebellion against his candidacy following a catastrophic
With Biden Ending His Re-Election Bid...Now What?
President Biden said he is ending his 2024 re-election campaign, kicking off a frantic process to replace the 81-year-old incumbent at the top of the Democratic Party's ticket for November.
Here's How Kamala Harris Could Act on Key Economic Issues
President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.
Bitcoin Steadies After Biden Announcement Dip; Stock Futures Eyed
Jain Global, the "sky-high fundraising" watched by Wall Street, is actually run by an Indian.
On the white-dominated Wall Street, Indian-American Bobby Jain raised a high-profile $5.3 billion, setting a record for the largest hedge fund fundraising since 2018.
What to Expect in the Week Ahead (Google and Tesla Earnings; GDP and PCE Data)
This week, investors should keep an eye on earnings reports from several key players, including Google and Tesla. Key economic data to watch for will include the release of the first estimate of second-quarter gross domestic product and the Federal Reserve's preferred inflation measure for June.
"Rate cut trade" and "Trump trade" led the entire market, small-cap stocks rose strongly and csi commodity equity index fell across the board. | Overseas major asset weekly report
The U.S. stock market continues to witness a "big shift" in the market, as investors accelerate their exit from large technology stocks. The "Trump trade" has raised concerns about inflation and pushed up the yield on U.S. long-term bonds, putting pressure on the dollar, and most commodity prices have fallen.
Won't Get Fooled Again - Fed Wants Inflation to Cool Further Before Cutting Interest Rates
A cautious Fed has been burned before The U.S. economy has downshifted. The jobs market has cooled. And inflation is slowing again. So what's the Federal Reserve waiting for?
"We're losing money almost every day, only during chaotic times do we make a profit!" He said, "The biggest bubble" is nearing its peak.
"Black Swan" fund Universa founder Mark Spitznagel: the market is about to usher in the final carnival, and interest rate cuts may become the starting point of a big reversal; it is expected that this round of US stock market correction will exceed the Internet bubble, and the stock market may drop by half.
The 60/40 Portfolio: A Sweet Past, a Future Shadowed by Inflation
By Randall W. Forsyth "Before the next depression, be sure to buy bonds." So said an old New Yorker cartoon of a dowager advising her broker, way back when they would get together in a Wall Street
Worried About Politics? Minimize Investing Risks
Political tensions and the stock market continue to climb in an uneasy mix for investors. The best way through may be to seek a middle ground.
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.