US stocks decline after Moody’s downgrades the nation’s credit rating
US Stock Market Reaction to Moody’s Downgrade US stocks experienced a decline on Monday morning, marking the first trading session following Moody’s recent downgrade. By 10:45 AM ET, the Dow Jones Industrial Average was down slightly, less than 0.1%, or about 45 points. Meanwhile, the S&P 500 and Nasdaq saw declines of 0.3% and 0.5%, […]
Stephen Moore: Moody’s downgrade of federal credit indicates a political bias against Trump’s tax cuts
Kenny Polcari from Slatestone Wealth and Eddie Ghabour, CEO of Key Advisors Wealth Management, will explore the economy’s current state, particularly focusing on whether buying market dips is a wise strategy. Like many, I share concerns about government spending and rising debt. But I can’t help but question the competence of credit rating agencies like […]
Growing Safe-Haven Demand as Moody’s Downgrade Spurs Positive Response
Will Moody’s downgrade and rising yields rekindle the Gold Bulls? Moody’s downgraded one of the US’s sovereign credit ratings on Friday, pointing to unsustainable levels of debt. This move is expected to trigger a sell-off in US stocks and dollars. There’s a growing concern that Treasury yields could soar, which might shift focus towards long-term […]
US Dollar Index drops below 100.50 after Moody’s downgrade of US credit rating
The US Dollar Index is under pressure following a credit rating downgrade by Moody’s. Moody’s anticipates that US federal debt could rise to about 134% of GDP by 2035, up from 98% in 2023. US Treasury Secretary remarked that Trump intends to impose tariffs on trading partners who have not negotiated in “good faith.” The […]
Stock markets fall following downgrade of US credit rating by Moody’s
Introduction: US Faces Moody’s Credit Rating Downgrade Good morning, and welcome to our ongoing analysis of the business landscape, financial markets, and the global economy. So, how exactly did the US lose its Triple-A credit rating? It seems like it happened gradually, then all at once. On Friday afternoon, Moody’s delivered a significant blow, announcing […]
Treasury Secretary Bessent downplays Moody’s downgrade of the US as the Trump tax-cut discussion goes on
Moody’s Downgrades US Credit Rating Amid Concerns On Sunday, Treasury Secretary Scott Bescent expressed confidence that economic growth under President Trump’s administration would surpass the national debt, downplaying Moody’s recent downgrade of the US credit rating. “I don’t give Moody’s much credit,” Bescent remarked during an appearance on CNN’s “State of the Union.” He went […]
Investors Anticipate Another Monday Surprise Following Moody’s Downgrade of the US
Investors Brace for Volatile Trading Amid US Debt Concerns Investors are starting the trading week on a shaky note, with rising worries about US debt overshadowing discussions about tariffs. Financial markets in Asia reopened on Monday following a Moody’s announcement on Friday that downgraded the US government’s credit rating from AAA to AA1. This change […]
US No Longer Has Triple-A Credit Rating as Moody’s Lowers It Due to Rising Government Debt
The US has lost its final triple-A credit rating from major agencies as of Friday. Moody’s made this announcement, pointing to increasing government debt levels as a key factor, which undermines Donald Trump’s narrative of economic strength and prosperity. This downgrade from AAA to AA1 is another setback for the president, especially since his key […]
Moody’s reduces America’s Triple-A credit rating — and here’s the reason.
Moody’s Downgrades US Credit Rating On Friday, Moody’s reduced its credit rating for the United States from “AAA” to “AA1”, marking a notable shift. As the last major rating agency to hold onto the Triple A status, Moody’s cited soaring fiscal deficits and substantial interest payments as reasons for this downgrade, which emerged during the […]
Moody’s lowers the credit rating of the US
On Friday, Moody’s announced it has downgraded the United States’ credit rating from Triple A to Double A. The agency’s decision to lower the rating from “AAA” to “AA1” stems from worries about rising debt and the federal government’s growing interest payments. This downgrade indicates that the ratio of the government’s debt-interest payments has reached […]