Reported about 1 year ago
In the first televised debate of the 2024 US presidential election, incumbent President Biden and former President Trump engaged in a heated exchange, focusing on topics such as the Afghanistan withdrawal and the Russia-Ukraine conflict. Polls show Trump leading Biden by an average of 1 percentage point nationally and by 3.2 points in key swing states. Despite improved inflation data, investors criticized Biden's debate performance, leading to a downturn in the US stock market on the 28th. Market activities surged on Friday, with trading volumes significantly increasing. The long-term US bond yields spiked, influenced by expectations of a potential Trump victory and end-of-quarter asset rebalancing flows.
Source: YAHOO