President Biden will "stand down" his reelection bid. The stock market is rotating to a retreat with huge earnings due. Tesla fell on ex-President Trump's EV plans Friday. Read More...
How Investors Are Reacting to Biden Dropping Out
(Bloomberg) — Markets already had plenty to deal with as summer kicks into full gear, from assessing the Federal Reserve’s rate-cut path to the heart of earnings season. But 2024’s presidential race keeps crowding into the headlines.Most Read from BloombergBiden Exits Race, Endorses Harris After Weeks of PressureBiden Is Out: What’s Next for Democrats, ExplainedBiden Exit Leaves Markets Asking What’s Next for Trump TradeTrump’s Remarks Spark Rebuke From Mexico’s President-ElectTurkish Diners Fl
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