Stock futures fell sharply after Moody's downgraded the U.S. credit rating, raising concerns over the economy and potential impacts on bond prices. Investors are on high alert as speeches from Fed officials loom.
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
Moody's has downgraded the US sovereign credit rating, raising alarms about a growing debt crisis. As Congress debates a massive fiscal bill, investors are on edge, fearing higher borrowing costs and political turmoil.
Major cryptocurrencies like ether, XRP, and dogecoin experienced a 3% drop following Moody's downgrade of the U.S. credit rating. This decision has shaken investor confidence, impacting both crypto and traditional markets.
Quantum Computing's stock surged by 35% after reporting strong earnings, driven by a profitable quarter and growing demand for its photonic chips. What does this mean for investors?
In a bold move, Dick's Sporting Goods plans to acquire Foot Locker for $2.4 billion, aiming to merge their strengths in the competitive sports retail market. Despite concerns from investors about Foot Locker's declining sales, both companies believe this partnership will enhance their market reach and customer experience. The deal is set to reshape the landscape of sports retail and expand sneaker culture globally.
China's equity markets remain volatile despite a tariff reprieve. Meanwhile, Australia sees a surge in employment, and the Chinese central bank relaxes reserve requirements to boost liquidity amidst trade tensions.
Today's market shows signs of stability as U.S. futures hold steady. With easing trade tensions and excitement in the AI sector, investors are optimistic about potential Federal Reserve rate cuts. Discover how the Magnificent 7 are leading the charge back to market recovery!
The S&P 500 and Nasdaq gained momentum as fresh inflation data was released, alongside optimism from a U.S.-China trade agreement. Investors are closely monitoring Fed's next moves on interest rates amid this market rally.
In an unusual twist, crypto investors managed to secure dinner invitations with President Trump despite holding zero $TRUMP coins. Discover how they outsmarted the contest rules and what happened next!