U.S. shares, bonds and the worth of the U.S. greenback drifted Monday following the most recent reminder that the usgovernment appears to be hurtling towards an unsustainable mountain of debt.

Moody’s Rankings grew to become the final of the three main credit-rating businesses to say the U.S. federal authorities now not deserves a top-tier “Aaa” ranking.

The S&P 500 edged up 0.1%. The Dow Jones Industrial Common rose 0.3%, and the Nasdaq was little modified.

Within the bond market, the 30-year Treasury yield briefly jumped above 5% earlier than calming a bit. The problems Moody’s cited in its downgrade are all well-known amongst buyers.

On Monday:

The S&P 500 rose 5.22 factors, or 0.1%, to five,963.60.

The Dow Jones Industrial Common rose 137.33 factors, or 0.3%, to 42,792.07.

The Nasdaq composite rose 4.36 factors, or lower than 0.1%, to 19,215.46.

The Russell 2000 index of smaller firms fell 8.82 factors, or 0.4%, to 2,104.43.

For the 12 months:

The S&P 500 is up 81.97 factors, or 1.4%.

The Dow is up 247.85 factors, or 0.6%.

The Nasdaq is down 95.33, or 0.5%.

The Russell 2000 is down 125.72 factors, or 5.6%.

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