he will not seek reelection in November, adding to uncertainty about who will be in the White House in 2025.on Monday. Investors also gained clarity over the state of the Democratic ticket, as Biden was joined by several prominent Democrats,In a note to clients on Monday, RBC Capital Markets head of global equity strategy research Lori Calvasina wrote the news added "yet another curveball" for investors trying to digest how political news will impact the stock market in 2024.
"The biggest headlines for the near term are going to be what happens with the presidential election," Mazza said. "And then investors will try to absorb the corporate earnings and then start looking at the Fed again."I do think it's going to be a bit choppy," Mazza said, "but...where earnings come in, ultimately, will be that longer-term driver, even if there's a lot of macro headlines in the near term.
The MSNBC host ripped Trump and his "most ardent super fans" after Joe Biden dropped out of the 2024 race.Many of the marquee names in Democratic politics began quickly lining up behind Vice President Kamala Harris on Sunday, but one towering presence in the party held back: Barack Obama.
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