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Stocks slide after Moody's downgrades US debt
Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs throughout the nation's economy. The Dow Jones Industrial Average dropped 295 points, or 0.7%, while the S &P 500 fell 0.9%. The tech-heavy Nasdaq plunged 1.2%.
White House National Economic Council Director Kevin Hassett criticized Moody’s Ratings over its decision to lower the US ...
A U.S. sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond ...
Investors will get the first chance to react to Moody’s downgrade of the U.S. credit rating late Friday over rising ...
Treasury Secretary Scott Bessent downplayed concerns over the US’s government debt and the inflationary impact of tariffs on ...
6hon MSN
China on Monday called on the United States to take responsible policy measures to maintain the stability of the ...
Moody’s downgrades the U.S. credit rating for the first time since 1919, citing rising debt. Crypto markets react with ...
Moody’s downgrade of the US credit rating explained: Why it matters and what it signals to investors about the country’s ...
Moody's on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of ...
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