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Monday, July 22, 2024

How world's stock markets respond to Joe Biden's withdrawal after Microsoft outage? Check Details here

Asian stocks were mostly lower Monday after President Joe Biden exited the 2024 race. The downbeat start to the week followed losses Friday on Wall Street as businesses around the world scrambled to contain disruptions from a massive technology outage. US futures were little changed and oil prices rose. Biden announced his withdrawal from the 2024 presidential race on Sunday and endorsed Vice President Kamala Harris to take on former President Donald Trump, adding to uncertainties over the future of the world's largest economy.
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