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Investor's Business Daily on MSNDow Jones Slides 250 Points On U.S. Credit Downgrade; Apple, Nvidia, Tesla Sell OffThe Dow Jones tumbled Monday on Moody's downgrade of the U.S. credit rating. Apple, Nvidia and Tesla sold off on the stock market today.
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.
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.
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,
U.S. stocks, bonds and the value of the U.S. dollar are drifting lower on Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt.