U.S. Markets Retreat Amid Credit Downgrade Concerns
U.S. stocks opened lower on Monday following Moody’s downgrade of the U.S. credit rating. Investors reacted cautiously, leading to declines across major indexes.
- Dow Jones Industrial Average: -0.6%
- S&P 500: -1.2%
- Nasdaq Composite: -1.1%
Technology & Large Cap Highlights
- Tesla (TSLA): -4.4% to $334.68
- NVIDIA (NVDA): -0.8% to $134.27
- Netflix (NFLX): -1.1% to $1,178.50
- Google (GOOGL): -0.5% to $165.32
- Microsoft (MSFT): +0.5% to $456.45
- Amazon (AMZN): -0.7% to $204.25
- Intel (INTC): -1.9% to $21.24
- Apple (AAPL): -2.7% to $205.51
- Meta (META): -0.3% to $638.25
- CoreWeave (CRWV): +1.5% to $81.50
- UnitedHealth (UNH): +4.1% to $303.88
Chinese Stocks Performance
- Bilibili (BILI): -4.8% to $18.03
- NIU Technologies (NIU): -13.1% to $3.33
- NetEase (NTES): -2.5% to $116.58
- JD.com (JD): -1.4% to $33.09
Commodity Market
- COMEX Gold: +1.5% to $3,235.50 per ounce
- WTI Crude Oil: -0.3% to $62.29 per barrel
- Brent Crude Oil: -0.5% to $65.09 per barrel
Conclusion
Markets responded negatively to the U.S. credit rating downgrade, with significant declines in major indexes and tech stocks. Gold prices rose as investors sought safe-haven assets amid the uncertainty.
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