Markets could unwind the 'Trump trade' after Biden drops out of presidential race

CNBC

Summary

88:88
Biden's exit from the race has cast some doubt over a Republican victory under Donald Trump and could see investors unwind trades betting that such a win would add to U.S. fiscal and inflationary pressures.
Newsmax
88:88
The markets were relatively calm on Monday as investors reacted to the news that President Joe Biden exited the 2024 presidential contest and endorsed Vice President Kamala Harris as his replacement.
The Gazette
88:88
The incumbent US president, Joseph Biden, finally succumbed to the pressure that was exerted from all sides as the octagenarian stepped aside from accepting the Democratic nomination for the 2024 US presidential elections.
Free Press Journal
88:88
In after-hours trading late Sunday night, futures for the S&P 500 index rose slightly.
Deccan Herald

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issue 88:88 ▪

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updated 88:88

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