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So much for ‘Sell America’ — S&P 500 tallies sixth straight win as stocks erase losses following Moody’s downgrade
For a minute there, it looked like the “Sell America” trade was poised to make a comeback on Monday after Moody’s decided to strip the U.S. of its top-tier credit rating late Friday.
‘Sell America’ is back on after a massive debt warning
Wall Street is on edge about American investments again after receiving a significant warning about the safest of all safe havens: US debt.
Stocks Rebound After Moody’s Credit Downgrade Raises Treasury Yields
All three major U.S. stock market indexes rose Monday afternoon, following an earlier selloff sparked by long-dated Treasury yields surpassing the 5% mark after the financial ratings agency Moody’s
Are Workers Getting Ahead In Trump's Economy? One Statistic Will Tell
Key Takeaways An economic statistic called "real earnings" tracks workers' buying power by comparing wages to inflation.Real earnings have either increased or decreased slightly early in Trump's
America’s Fiscal Situation Threatens the Good Mood on Wall Street
Investors sold U.S. government bonds and the dollar on Monday amid concerns about the U.S. fiscal picture. Stocks edged higher.
Morgan Stanley market strategist says downgrade dip presents buying opportunity
Morgan Stanley's chief market strategist said in an investor note that a stock market decline related to the Moody's downgrade could give investors a buying opportunity.
Citi CEO: Something 'deeper' is going on in financial markets right now
It may be JPMorgan's (JPM) investor day today, which brings with it the inevitable Jamie Dimon CEO successor chatter. But a hat tip to Citigroup (C) CEO Jane Fraser for aiming to snag a few headlines
Dollar trades sideways before tax vote, Aussie holds gain before RBA
The dollar traded sideways on Tuesday after having glided lower for a week, hemmed in by the Fed's caution over the economy and as U.S. lawmakers came closer to passing a bill expected to widen the
Crypto Billionaire Accused of Defrauding Creditors, Propelling Industry’s 2022 Collapse
Creditors’ lawsuits allege the crypto winter began earlier than believed, and with actions by Digital Currency Group’s founder, Barry Silbert.
Moody's downgraded US credit rating: What does that mean?
Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.
JPMorgan CEO Dimon Still Intends to Step Down in Next Few Years. ‘It’s Up to the Board.’
What we’ve told you is that the board has intent...to be thinking about succession, and we should be doing that,’ the CEO says at JPMorgan’s Investor Day.
Tariffs creating ‘diminished momentum’ among Texas businesses, Dallas Fed survey finds
President Donald Trump’s tariff policy is taking a toll on Texas’ economic activity — and the optimism of the state’s business leaders — according to a Federal Reserve Bank of Dallas survey. In its
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