Biden ends reelection bid and backs Harris. S&P 500 and Nasdaq post biggest weekly loss. CrowdStrike failure.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeas the nominee of the Democratic Party, bowing to pressure from his party members to drop out. Harris said in a statement, "I am honored to have the President's endorsement and my intention is to earn and win this nomination.
Markets are grappling with a new U.S. electoral landscape following Biden's sudden announcement on Sunday that he would end his reelection campaign against Trump. CNBC's Jim Cramer shares his thoughts on
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