US markets open lower, Dow plunges over 250 points amid...

Dununu.com Dununu

Sponsor

US markets open lower, Dow plunges over 250 points amid Moody’s downgrade and debt concerns

RSS Feed Business

Posted

95

US stock markets opened sharply lower on Monday after Moody’s downgraded the country’s sovereign credit rating, citing concerns over escalating federal debt. The downgrade rattled investor confidence, triggering broad-based selling across equities and lifting market volatility. Investors sought safe-haven assets, pushing gold prices higher, while the dollar slipped against other major currencies.

Read Full Article

Please log in to like, share and comment!

Population decline is a threat to human existence: PM Oli

KATHMANDU: Prime Minister (PM) KP Sharma Oli warned that human existence could be at risk if...

By 0 5

'Will continue to ask': Bhagwant Mann rebuffs MEA’s condemnation; says he has right to question PM's foreign tours

By 0 13

'Pick party first': Kerala Congress snubs Tharoor's 'CM ambition'; says praising PM Modi 'not correct'

By 0 13

'Feel sorry of CM Fadnavis': Sanjay Raut posts video of Maharashtra minister Sanjay Shirsat allegedly with 'bag of cash'; watch

By 0 13

Germany pledges Patriot air defence for Ukraine

At the Ukraine Recovery Conference in Rome, German Chancellor Friedrich Merz pledged to procure...

By 0 16