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Buffett indicator breaks through the 200% warning line, s&p 500 index is "extremely dangerous".
Warren Buffett's favorite stock market valuation indicator has just reached a historic high, indicating that the stock market may be overvalued.
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".