
Stocks Stable Ahead of Key Data; Biden on Why He Dropped Out
Bloomberg Daybreak: US Edition
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Market Movements and Political Shifts
This chapter delves into the expected Consumer Price Index report and inflation forecasts, while also examining President Biden's reasons for stepping back from his re-election campaign amidst Democratic Party pressures. Additionally, it highlights Vice President Kamala Harris's successful fundraising efforts and her favorable poll standings, along with discussions on international conflicts, particularly in Gaza and Ukraine. The chapter concludes by covering the repercussions of military actions in Ukraine and critical political developments concerning budget cuts and upcoming trials.
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