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S&P 500 Index Newsroom
Biden resigned, who will take over?
Vice President Harris is the top contender, followed by California Governor Newsom, Michigan Governor Whitmer and Pennsylvania Governor Shapiro.
What does Biden's withdrawal mean for the global financial market? | Zhì tōng special offer
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.
Biden dropped out and Harris took over: What strategy will she use to confront Trump?
With the approaching of the November general election, Kamala Harris, the vice president of the United States and the Democratic candidate for president, has received widespread attention for her business policies and positions.
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.
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).
US Stock Futures Rise as Biden Drops Presidential Bid; Major Earnings Loom
U.S. stock index futures rose in evening deals on Sunday after President Joe Biden abruptly withdrew his bid for reelection and endorsed Vice President Kamala Harris as the Democratic nominee against Republican frontrunner Donald Trump.
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.
ASX Market Open: Second Day of Losses in US Sends Aussie Market Down.
The ASX200 is set to fall 0.56% after another weak day of trading on US markets.
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
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
Stock Market Faces Crucial Test: Can Summer Rally Continue Without Big Tech?
U.S. stocks are wobbling after a recent rally beyond Big Tech, with volatility up after investors dumped shares of giant companies that dominate the S&P 500 index in favor of other areas of the equities market.
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.
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.