MARKET DAILY

Market 07/22: Biden ends presidential campaign

China changes economic direction. Tech stocks recover after a tense week.

Biden has officially announced his plan to halt the campaign with a letter posted on social media X yesterday, along with a promise to speak directly to American voters on television “in the near future”

Biden officially endorses Kamala Harris, the current Vice President, to become the Democratic Party's nominee.

Note that, according to Federal Election Commission rules, only Kamala Harris has the right to use the funds previously donated to the Biden-Harris campaign

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