S&P futures are indicating a lower open today, down (0.37%) following mixed trading in the Asian markets. European equity markets are softer in early trades. US politics continues to dominate press coverage, as Democrats rally around Vice President Kamala Harris for the 2024 presidential election. Momentum behind her candidacy had been building since President Biden dropped out of race, with Harris nabbing support of several Democrats, including former House Speaker Pelosi. Though Harris has secured enough delegates to clinch nomination, Trump is still favored to win. Political analysts have noted she still faces an uphill battle in general election against Trump and has trailed Trump in nearly every national and battleground state poll this year. Trump's front-runner status leaves the market's focus on his economic and trade policies.

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