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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).
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.
103809741RahimiRamly : receive
生命的歌唱家 : Received
103809741RahimiRamly : thanks
103809741RahimiRamly : thanks