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Investor's Business Daily on MSNDow Jones Strides Past U.S. Credit Downgrade; Nvidia Rises As Tesla FallsSure, yields rose while the U.S. dollar weakened. But major indexes held on to last week's hefty gains and moved slightly higher when it was all over. Please watch the video at In
US stocks managed to eke out gains on Monday as bond yields eased off bigger gains and Wall Street largely shrugged off Moody's downgrade of the US credit rating. Meanwhile, investors digested developments in President Trump's tariff salvos.
Billionaire Ray Dalio weighed in on Moody’s recent downgrade of the U.S. creditworthiness, claiming the move understates the risk of government debt. Moody’s dropped the country from its
Investors will get the first chance to react to Moody’s downgrade of the U.S. credit rating late Friday over rising government debt and they’ll also look for more progress from President Trump on trade deals as the week kicks off.
U.S. stocks settled mostly higher on Monday, with the Dow Jones index gaining more than 100 points during the session. Major indices recorded gains last week. For the week, the S&P 500 gained 5.3%, while the Dow added 3.4%. The Nasdaq Composite was the standout performer, surging 7.2% last week.
Live Updates Live Coverage Has Ended Markets Turn Positive 1:37 pm by The stock market has managed to crawl its way back into positive territory despite the U.S. debt downgrade by Moody’s. All three of the major stock market averages are now trading in the green,
US stocks rebound late after Moody’s credit downgrade sparks early selloff. Traders eye bond yields, Fed policy, and tech stock pressure for cues.
Futures for the Dow Jones Industrial Average dropped 250 points, or 0.58%. S&P 500 futures slipped 0.6%, while Nasdaq futures fell 0.61%. The yield on the 10-year Treasury surged 4.6 basis point to 4.485% after Moody's downgraded the U.S. credit rating one notch late Friday to Aa1 from AAA, the highest grade.