Dropping out is not enough! Biden is demanded to resign immediately.

After Biden dropped the political bombshell that he would not run for re-election, Republican lawmakers in Congress demanded that he resign immediately.

Golden10 Data09:22

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".

wallstreetcn09:16

Will Harris take over if Biden withdraws from the race? What's next for the "Trump Trade"? Read this article to find out.

On early Monday Beijing time, Biden suddenly announced his withdrawal from the election and supported the nomination of Vice President Harris as the Democratic presidential candidate. The question for investors now is whether they should still adhere to the "Trump trade" since Biden has given up his bid for re-election.

cls.cn08:28

Institutions | Style reversal? Not just interest rate cuts and "Trump trade 2.0".

We believe that with the interest rate cut expectations basically fulfilled, the space for interest rate cut trade ("buying expectations") may be significantly compressed, while the "pro-cyclical trade" after the interest rate cut is gearing up.

中金點睛08:20

Futu morning news | Biden officially announces withdrawal from the 2024 US election; US equity index futures open high and Nasdaq futures rose 0.57%.

Don't panic about the continuous decline of U.S. stocks? UBS Group has raised its target price four times this year: the S&P 500 can still rise by 7%; at the time of the global crash, 'Mujiaojie' made a big move to 'buy the dip' for CrowdStrike; Nvidia has taken a stake in Serve Robotics, the 'last mile' robot company, which surged by nearly 240% at one point.

Futu News07:50

What does changing the general at a critical moment mean for the Democratic Party? Can Harris successfully obtain the nomination?

Harris takes over the election and is gaining support within the party.

Golden10 Data07:01