Markets React Positively Amid 2024 Election Developments

This week, market attention will focus on the U.S. presidential election and the Federal Reserve's interest rate decision, with Fed Chair Jerome Powell's comments potentially influencing future monetary policy. Key earnings reports are expected from technology firms like Palantir and Arm Holdings, as well as pharmaceutical companies such as Novo Nordisk and Gilead Sciences. Economic data releases, including the U.S. trade deficit and consumer sentiment, will also be closely watched by investors.