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The first presidential debate held in CNNs studio in Atlanta Thursday night proved to be a disaster for the Democratic camp as President Joe Biden struggled through the event, meandering and mumbling through his answers. Betting odds of a Donald Trump victory surged up amid the debate, and the financial markets reacted positively to the prospect of a second term for the former president. The Debate: Throughout the 90 minutes of the debate, Bidens responses to the moderators questions were halting. The president was not able to effectively counter Trumps attacks and unsubstantiated claims.