Wall Street Set To Rebound Amid Hopes Of Strong Earnings: 'Political Uncertainty' Caused By Biden Stepping Down Could Be 'Catalyst For Market Volatility,' Says Analyst
U.S. stocks could shake off the past week’s negativity and push ahead on expectations of a healthy reporting season, the Federal Reserve cutting rates, and the rising odds of a victory for former President Donald Trump in the Nov. election. President Joe Biden on Sunday confirmed the inevitable by announcing that he is quitting the race.