NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Biden stumbles through much of hot-tempered debate with Trump

Published 06/28/2024, 04:02 AM
© Reuters

Investing.com -- U.S. Democratic President Joe Biden appeared to struggle through much of Thursday night's highly-anticipated 90-minute debate with Republican challenger Donald Trump, stumbling through questions put to him by the event's moderators.

The televised debate on CNN was billed as a showdown between two candidates who face major questions over both their age -- Biden is 81 years old and Trump is 78 -- and their temperments.

Biden's performance was marked by a hoarse voice and a series of long pauses, which largely overshadowed his attacks on Trump's recent criminal conviction and his failure to accept democratic norms. Trump, meanwhile, took aim at Biden's record on the economy and foreign policy.

"If a goal of an early debate for Biden’s team was to show President Biden was ready to take on former President Trump and put to rest some concerns he was up for the task; the goal was not met, in our view," analysts at Raymond James said in a note to clients following the debate.

Although Vice President Kamala Harris suggested that Biden had a "strong finish" after a "slow start," media reports suggested that, in the wake of the event, Democrats were becoming increasingly concerned about Biden's ability to carry out a successful campaign ahead of November's presidential election.

"Focus on whether Biden will stay in the race will heighten to likely the loudest level thus far in the campaign," the Raymond James analysts said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.