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Taking history as a warning! What was the performance of the US stock market the last time a US president gave up re-election?
Some senior Democratic officials believe that pressure from party members and close friends may persuade Biden to withdraw from the campaign as early as this weekend. Looking back over the past few decades, the last time a US president announced he would not seek re-election dates back to Lyndon B. Johnson in 1968. So, how did the US stock market fare at the time?
Breaking News! Trump's party convention delivered the longest nomination speech: "I will end the electric car directive on my first day in office".
Former US President Donald Trump officially accepted the presidential candidacy nomination at the Republican National Convention and delivered a one hour and thirty-three minute speech. During this heavyweight speech, Trump replayed in detail the events of his shooting last weekend. He also pledged to revive American employment opportunities, curb US inflation, and restore America's global image by lowering taxes and increasing tariffs.
Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.
Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.
Top 20 turnover: Apple fell more than 2%, and well-known analyst said that the order for iPhone 16 may not increase; Eli Lilly and Co fell again by more than 6%, with a cumulative decline of nearly 10% in two days.
On Thursday, Nvidia, the top stock in trading volume, rose 2.8%, with a turnover of $38.415 billion. Tesla, the second highest, rose 0.29%, with a turnover of $27.937 billion. Apple, the third highest, fell 2.03%, with a turnover of $14.863 billion.
US Stock Market Outlook | Taiwan Semiconductor Q2 Exceeds Expectations! AI Concept Revives; Initial Claims for Unemployment Benefits Slightly Rise, Three Major Futures Indices Fluctuate
Will 'Trump 2.0' reignite inflation? The next Treasury Secretary 'popular candidate': simply absurd. Best performance in two years! The US investment banking industry rebounds strongly in the second quarter; UBS: ASML Holding has room for stock price increase after being sold off, and orders still remain strong.
Chip stock bearish turmoil! Under market fluctuations, what are the good deployment strategies?
Previously, US technology stocks were continuously hot with rising valuations, and therefore the upward trend became increasingly "fragile," with a greater reaction to bearish news.