Moody’s Downgrade Sends Shockwaves Through the Financial Markets – Yields Rise, Tech Stocks Plummet. NVIDIA (+1.16%) Solidifies its AI Dominance. The DAX (+0.53%) is Stable. Defense Stocks are Taking the Lead!
Reading Time: 6 minutes
A thunderclap on the US financial markets: The downgrade of the United States' creditworthiness by Moody’s has triggered a nervous sell-off on the stock exchanges. Stocks, bonds, and the US dollar came under pressure – a significant setback following the previously rapid upward trend of the markets. The S&P 500 loses about 0.4% on Monday, the Nasdaq 100 falls by 0.48%, while the Dow Jones declines by 0.4%. The once-leading tech giants were hit particularly hard: Tesla and Apple each lose at least 2.3%. The retail giant Walmart (-0.97%)...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
