PHOTO COLLECTION: Global Financial Markets Rally

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PHOTO COLLECTION: Global Financial Markets Rally

2025-04-25 00:02 Last Updated At：00:13

This is a photo collection curated by AP photo editors.

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Trader Fred Demarco works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader John Bishop, left, works with colleagues on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Charts on the screen of Specialist Anthony Matesic are seen through his glasses as he works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Monday, April 21, 2025. (AP Photo/Richard Drew)

Members of Extinction Rebellion clean Arturo Di Modica's "Charging Bull" sculpture that they defaced during a demonstration in New York, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Specialist Patrick King works at his post on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Michael P. Thelen, SPHEREx Observatory Flight System Manager, second from right, rings the closing bell ,of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A Donald Trump bobblehead sits on the counter as trader Jonathan Mueller works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 23, 2025. (AP Photo/Ahn Young-joon)

Trader Aman Patel works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

David Rockefeller Jr., board member of Rockefeller Asset Management, gavels trading closed at the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Specialist Michel Pistillo, left, works with traders James Matthews, center, and Ryan Falvey on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Options trader Chris Dattolo works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Niall Pawa, left, and Specialist Meric Greenbaum work on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

A trader works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Elm Market Navigator ETF Founder & CIO Victor Haghani, second from right, rings the New York Stock Exchange opening bell, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Milano works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Christopher Lagana works with colleagues on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Specialist Genarro Sapolito works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Vincent Napolitano works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

More Images

Trader Fred Demarco works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader John Bishop, left, works with colleagues on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Charts on the screen of Specialist Anthony Matesic are seen through his glasses as he works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Monday, April 21, 2025. (AP Photo/Richard Drew)

Members of Extinction Rebellion clean Arturo Di Modica's "Charging Bull" sculpture that they defaced during a demonstration in New York, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Specialist Patrick King works at his post on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Michael P. Thelen, SPHEREx Observatory Flight System Manager, second from right, rings the closing bell ,of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A Donald Trump bobblehead sits on the counter as trader Jonathan Mueller works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 23, 2025. (AP Photo/Ahn Young-joon)

Trader Aman Patel works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

David Rockefeller Jr., board member of Rockefeller Asset Management, gavels trading closed at the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Specialist Michel Pistillo, left, works with traders James Matthews, center, and Ryan Falvey on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Options trader Chris Dattolo works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Niall Pawa, left, and Specialist Meric Greenbaum work on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

A trader works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Elm Market Navigator ETF Founder & CIO Victor Haghani, second from right, rings the New York Stock Exchange opening bell, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Milano works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Christopher Lagana works with colleagues on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Specialist Genarro Sapolito works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Vincent Napolitano works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Michigan's lieutenant governor drops gubernatorial bid and launches campaign for secretary of state

LANSING, Mich. (AP) — Michigan Lt. Gov. Garlin Gilchrist II announced Monday he is suspending his campaign for governor and instead joining the race for secretary of state of the battleground state.

Gilchrist, a progressive Democrat from Detroit, did not cite a specific reason for the change in his video announcement, but said he is not finished being a “public servant.” His departure clears up the Democratic primary and benefits the frontrunner, Jocelyn Benson, who is the current Secretary of State, in the race to replace term-limited Gov. Gretchen Whitmer.

The secretary of state is Michigan's top election official, a highly politicized and visible role since the 2020 presidential election.

“Michigan has been ground zero in the battle for free and fair elections before, and it will be again,” Gilchrist said.

As Whitmer’s second in command and her running mate in two elections, Gilchrist struggled to match Benson’s name recognition and fundraising. He reported having around $378,000 of cash on hand as of October compared to Benson’s $2.98 million.

Benson is now set to face only Genesee County Sheriff Chris Swanson in the Democratic primary in August.

The inclusion of a well-known independent candidate has created a new problem for Democrats this year. Former Detroit Mayor Mike Duggan is avoiding costly primaries altogether by running as an independent. The Michigan Democratic Party slammed the former Democrat last week for not standing up to President Donald Trump’s second term policies.

In the Republican primary, U.S. Rep. John James, former Michigan Attorney General Mike Cox, state Senate Leader Aaric Nesbitt and former Michigan House speaker Tom Leonard are jockeying for the nomination.

In his bid to become secretary of state, Gilchrist will face four other Democrats: Barb Byrum, Ingham County clerk; Aghogho Edevbie, deputy secretary of state; Suzanna Shkreli, a former Whitmer aide and commissioner of the Michigan State Lottery; and Adam Hollier, a former state senator from Detroit.

Michigan does not hold primary elections for the secretary of state position; the nominee is chosen by precinct delegates during party conventions. The Michigan Democratic Party convention is scheduled for April 19.

State Republicans plan to hold their nominating convention March 28 and GOP figures chasing the party's nomination for secretary of state include Anthony Forlini, Macomb County Clerk, and Monica Yatooma, an Oakland County executive.

In addition to the office of the governor and secretary of state, Michigan voters will be selecting a new state attorney general and a U.S. senator in November.

PHOTO COLLECTION: Global Financial Markets Rally

PHOTO COLLECTION: Global Financial Markets Rally

Trader Fred Demarco works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader John Bishop, left, works with colleagues on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Charts on the screen of Specialist Anthony Matesic are seen through his glasses as he works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Monday, April 21, 2025. (AP Photo/Richard Drew)

Members of Extinction Rebellion clean Arturo Di Modica's "Charging Bull" sculpture that they defaced during a demonstration in New York, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Specialist Patrick King works at his post on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Michael P. Thelen, SPHEREx Observatory Flight System Manager, second from right, rings the closing bell ,of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A Donald Trump bobblehead sits on the counter as trader Jonathan Mueller works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 23, 2025. (AP Photo/Ahn Young-joon)

Trader Aman Patel works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

David Rockefeller Jr., board member of Rockefeller Asset Management, gavels trading closed at the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Specialist Michel Pistillo, left, works with traders James Matthews, center, and Ryan Falvey on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Options trader Chris Dattolo works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Niall Pawa, left, and Specialist Meric Greenbaum work on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

A trader works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Elm Market Navigator ETF Founder & CIO Victor Haghani, second from right, rings the New York Stock Exchange opening bell, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Milano works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Christopher Lagana works with colleagues on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Specialist Genarro Sapolito works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Vincent Napolitano works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Fred Demarco works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader John Bishop, left, works with colleagues on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Charts on the screen of Specialist Anthony Matesic are seen through his glasses as he works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Monday, April 21, 2025. (AP Photo/Richard Drew)

Members of Extinction Rebellion clean Arturo Di Modica's "Charging Bull" sculpture that they defaced during a demonstration in New York, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Specialist Patrick King works at his post on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Michael P. Thelen, SPHEREx Observatory Flight System Manager, second from right, rings the closing bell ,of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

A Donald Trump bobblehead sits on the counter as trader Jonathan Mueller works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 23, 2025. (AP Photo/Ahn Young-joon)

Trader Aman Patel works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

David Rockefeller Jr., board member of Rockefeller Asset Management, gavels trading closed at the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Specialist Michel Pistillo, left, works with traders James Matthews, center, and Ryan Falvey on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Options trader Chris Dattolo works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Niall Pawa, left, and Specialist Meric Greenbaum work on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

A trader works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)

Elm Market Navigator ETF Founder & CIO Victor Haghani, second from right, rings the New York Stock Exchange opening bell, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Michael Milano works on the floor of the New York Stock Exchange, Wednesday, April 23, 2025. (AP Photo/Richard Drew)

Trader Christopher Lagana works with colleagues on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Specialist Genarro Sapolito works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

Trader Vincent Napolitano works on the floor of the New York Stock Exchange, Thursday, April 24, 2025. (AP Photo/Richard Drew)

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