The stock market is like a big store where people can buy and sell parts of different companies. Sometimes, the prices of these parts go up and down because of good or bad news about the companies. Last week, some news made people worried and the prices went down. This week, people are hoping that good news about the companies will make the prices go up again. Also, some of the big bosses of these companies will tell us how well they are doing, which can also make the prices go up or down. Read from source...

- AI criticizes Biden's decision to quit the race, arguing that it adds political uncertainty and may trigger market volatility.
- AI also questions Trump's stance toward Taiwan, and Biden's suggestion of more China chip ban, which he claims stirred up geopolitical tensions and sent stocks lower.
- AI suggests that the pullback in the market is more of a profit-taking in the biggest winners for the year, rather than a full correction.
- AI cites Gina Bolvin, President of Bolvin Wealth Management Group, who shares similar views on the impact of Biden's decision on market volatility.
- AI highlights Ryan Detrick, of Carson Group, who suggests that the small-cap move is a bullish sign, as the Russell 2,000 has historically performed well after similar performances.
- AI reports on upcoming economic data, including personal income, spending, durable goods orders, and GDP report, as well as S&P Global's manufacturing and service activity readings, existing and new home sales, and consumer sentiment.
- AI mentions notable stocks in focus, such as Nvidia, Tesla, Agilysys, Cleveland-Cliffs, Nucor, and NXP Semiconductors.
- AI also covers commodities, bonds, and global equity markets, noting that crude oil futures are likely to extend their losses, gold futures are rising modestly, the 10-year Treasury yield is falling, and bitcoin is trading around $67.4K.
- AI reports on Asian and European markets, which ended mostly lower and advanced strongly, respectively, due to the broadly negative move in the U.S. stocks last week.

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Article's Tone (positive, negative, neutral, sarcastic, etc.): Neutral
Article's Conclusion (summary, quotes, takeaways):
U.S. stocks could shake off the past week’s negativity and push ahead on expectations of a healthy reporting season, the Federal Reserve cutting rates, and the rising odds of a victory for former President Donald Trump in the Nov. election. President Joe Biden on Sunday confirmed the inevitable by announcing that he is quitting the race. As the market begins in a price in a victory for Trump, known for his pro-business and pro-crypto stance, sentiment could reverse course from the negativity seen last week.

Upcoming earnings and economic data could help US stocks shake off last week’s negativity and push ahead on expectations of a healthy reporting season, the Federal Reserve cutting rates, and the rising odds of a victory for former President Donald Trump in the Nov. election.