Wall Street stocks slipped and US Treasury yields jumped on Monday after ratings agency Moody’s cut the United States’ credit rating. Moody’s late on Friday slashed the United States’ sovereign credit rating to “Aa1” from “Aaa”, citing rising levels of government debt and interest payment ratios “to levels that are significantly higher than similarly rated…
Gold price today: Gold is not shining as bright as it once was, as a trade truce between the US and China — the world’s two largest economies — has spurred the risk-taking appetite of investors. After hitting an all-time high levels of ₹99,358 per 10 grams, the June contracts have lost ₹7,347 or 7.4%…
US stock indices opened lower on Tuesday, after President Donald Trump threatens pharma tariffs and amid subdued corporate earnings. At the opening bell, the Dow Jones Industrial Average fell 218.6 points, or 0.53%, to 41,000.19. The S&P 500 fell 44.5 points, or 0.79%, to 5,605.87, while the Nasdaq Composite dropped 221.0 points, or 1.24%, to…