U.S. Stock Futures Rise Amid Biden's Withdrawal from Presidential Race; Major Earnings Loom and Increased Uncertainty

U.S. stock futures experienced a slight increase as markets reacted to President Biden's withdrawal from the presidential race, which has contributed to heightened uncertainty regarding the economic outlook. Analysts noted that while futures are inching higher, Biden's departure adds complexity to market dynamics and election expectations. This development coincides with the anticipation of major earnings reports, further influencing market sentiment. The overall atmosphere remains cautious as investors navigate the implications of this political shift.