Stock index futures recorded a slight escalate at the opening of the session on Sunday evening.
S&P 500 Index Futures (SPX) +0.2%Nasdaq 100 Futures (US100:IND) +0.2% and Dow (INDU) futures +0.1% were up.
The broad market has had its worst week since April.
Interest rates fell slightly. 10-year Treasury yields (US10Y)) fell 1 basis point to 4.23%. The dollar (DXY) was slightly lower against the euro (USD:EUR) and yen (USD:JPY).
Biden dropped out of the race on Sunday afternoon and endorsed Vice President Kamala Harris for the Democratic nomination.
Bitcoin (BTC-USD), which has been trading for 24 hours, fell before Biden’s decision became official and fell nearly 2% after the announcement. However, it has since recovered and is up nearly 1.5%.