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Edwin S
2023-11-13
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Stocks Fall to Start the Week After Moody’s Cuts U.S. Outlook
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22:30","market":"us","language":"en","title":"Stocks Fall to Start the Week After Moody’s Cuts U.S. Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1178807195","media":"Tiger Newspress","summary":"U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.M","content":"<html><head></head><body><p>U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.</p><p>The Dow Jones Industrial Average slipped 57 points, or 0.2%. The S&P 500 fell 0.3%, and the Nasdaq Composite pulled back by 0.4%. Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.</p><p style=\"text-align: start;\">Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues. </p><p style=\"text-align: start;\">“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”</p><p style=\"text-align: start;\">While there is “zero default risk of U.S. debt,” the lower credit rating outlook remains relevant for its impact on the attractiveness of the debt for foreign investors, said Jay Hatfield, CEO at Infrastructure Capital Management. </p><p style=\"text-align: start;\">“The U.S. has been downgraded because our budget process is completely broken. That’s really the crux of the issue — that there’s no real organized process to pass a budget. That does impact the psyche of global fund ambassadors,” said Hatfield. </p><p style=\"text-align: start;\">On the economic data front, investors will be keeping an eye on October’s monthly federal budget, as well as the Federal Reserve Bank of New York’s October consumer expectations survey. This all comes ahead of the monthly consumer price index data on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Fall to Start the Week After Moody’s Cuts U.S. Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Fall to Start the Week After Moody’s Cuts U.S. Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-11-13 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.</p><p>The Dow Jones Industrial Average slipped 57 points, or 0.2%. The S&P 500 fell 0.3%, and the Nasdaq Composite pulled back by 0.4%. Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.</p><p style=\"text-align: start;\">Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues. </p><p style=\"text-align: start;\">“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”</p><p style=\"text-align: start;\">While there is “zero default risk of U.S. debt,” the lower credit rating outlook remains relevant for its impact on the attractiveness of the debt for foreign investors, said Jay Hatfield, CEO at Infrastructure Capital Management. </p><p style=\"text-align: start;\">“The U.S. has been downgraded because our budget process is completely broken. That’s really the crux of the issue — that there’s no real organized process to pass a budget. That does impact the psyche of global fund ambassadors,” said Hatfield. </p><p style=\"text-align: start;\">On the economic data front, investors will be keeping an eye on October’s monthly federal budget, as well as the Federal Reserve Bank of New York’s October consumer expectations survey. This all comes ahead of the monthly consumer price index data on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178807195","content_text":"U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.The Dow Jones Industrial Average slipped 57 points, or 0.2%. The S&P 500 fell 0.3%, and the Nasdaq Composite pulled back by 0.4%. Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues. “In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”While there is “zero default risk of U.S. debt,” the lower credit rating outlook remains relevant for its impact on the attractiveness of the debt for foreign investors, said Jay Hatfield, CEO at Infrastructure Capital Management. “The U.S. has been downgraded because our budget process is completely broken. That’s really the crux of the issue — that there’s no real organized process to pass a budget. That does impact the psyche of global fund ambassadors,” said Hatfield. On the economic data front, investors will be keeping an eye on October’s monthly federal budget, as well as the Federal Reserve Bank of New York’s October consumer expectations survey. This all comes ahead of the monthly consumer price index data on Tuesday.","news_type":1,"symbols_score_info":{".SPX":1.1,".IXIC":1.1,".DJI":1.1}},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":241112257499336,"gmtCreate":1699886006918,"gmtModify":1699886032365,"author":{"id":"4150016662242072","authorId":"4150016662242072","name":"Edwin S","avatar":"https://community-static.tradeup.com/news/061d608d923252c68460d6c92288c1f9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4150016662242072","idStr":"4150016662242072"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/241112257499336","repostId":"1178807195","repostType":2,"repost":{"id":"1178807195","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1699885849,"share":"https://ttm.financial/m/news/1178807195?lang=en_US&edition=fundamental","pubTime":"2023-11-13 22:30","market":"us","language":"en","title":"Stocks Fall to Start the Week After Moody’s Cuts U.S. Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1178807195","media":"Tiger Newspress","summary":"U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.M","content":"<html><head></head><body><p>U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.</p><p>The Dow Jones Industrial Average slipped 57 points, or 0.2%. The S&P 500 fell 0.3%, and the Nasdaq Composite pulled back by 0.4%. Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.</p><p style=\"text-align: start;\">Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues. </p><p style=\"text-align: start;\">“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”</p><p style=\"text-align: start;\">While there is “zero default risk of U.S. debt,” the lower credit rating outlook remains relevant for its impact on the attractiveness of the debt for foreign investors, said Jay Hatfield, CEO at Infrastructure Capital Management. </p><p style=\"text-align: start;\">“The U.S. has been downgraded because our budget process is completely broken. That’s really the crux of the issue — that there’s no real organized process to pass a budget. That does impact the psyche of global fund ambassadors,” said Hatfield. </p><p style=\"text-align: start;\">On the economic data front, investors will be keeping an eye on October’s monthly federal budget, as well as the Federal Reserve Bank of New York’s October consumer expectations survey. This all comes ahead of the monthly consumer price index data on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Fall to Start the Week After Moody’s Cuts U.S. Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Fall to Start the Week After Moody’s Cuts U.S. Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-11-13 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.</p><p>The Dow Jones Industrial Average slipped 57 points, or 0.2%. The S&P 500 fell 0.3%, and the Nasdaq Composite pulled back by 0.4%. Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.</p><p style=\"text-align: start;\">Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues. </p><p style=\"text-align: start;\">“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”</p><p style=\"text-align: start;\">While there is “zero default risk of U.S. debt,” the lower credit rating outlook remains relevant for its impact on the attractiveness of the debt for foreign investors, said Jay Hatfield, CEO at Infrastructure Capital Management. </p><p style=\"text-align: start;\">“The U.S. has been downgraded because our budget process is completely broken. That’s really the crux of the issue — that there’s no real organized process to pass a budget. That does impact the psyche of global fund ambassadors,” said Hatfield. </p><p style=\"text-align: start;\">On the economic data front, investors will be keeping an eye on October’s monthly federal budget, as well as the Federal Reserve Bank of New York’s October consumer expectations survey. This all comes ahead of the monthly consumer price index data on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178807195","content_text":"U.S. stocks dipped Monday after Moody’s Investors Service lowered its U.S. credit rating outlook to negative from stable.The Dow Jones Industrial Average slipped 57 points, or 0.2%. The S&P 500 fell 0.3%, and the Nasdaq Composite pulled back by 0.4%. Verve Therapeutics stock sinks 40% as gene-editing treatment cuts cholesterol.Moody’s on Friday underscored the U.S.′ “very large” fiscal deficits and partisan gridlock in Washington as contributing factors for the downgrade. The ratings agency reaffirmed America’s credit rating at AAA, the highest level. This comes three months after Fitch lowered the U.S. long-term foreign currency issuer default rating to AA+ from AAA, also citing expected fiscal deterioration, an increasing debt burden and political standoffs on fiscal and debt issues. “In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” the agency said. “Moody’s expects that the US’ fiscal deficits will remain very large, significantly weakening debt affordability.”While there is “zero default risk of U.S. debt,” the lower credit rating outlook remains relevant for its impact on the attractiveness of the debt for foreign investors, said Jay Hatfield, CEO at Infrastructure Capital Management. “The U.S. has been downgraded because our budget process is completely broken. That’s really the crux of the issue — that there’s no real organized process to pass a budget. That does impact the psyche of global fund ambassadors,” said Hatfield. On the economic data front, investors will be keeping an eye on October’s monthly federal budget, as well as the Federal Reserve Bank of New York’s October consumer expectations survey. This all comes ahead of the monthly consumer price index data on Tuesday.","news_type":1,"symbols_score_info":{".SPX":1.1,".IXIC":1.1,".DJI":1.1}},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}