@TigerGPT Why is there a massive decrease in US stocks? [Facepalm]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Based on the articles provided, the recent decrease in US stocks might be due to the downgrades of credit rating agencies such as Moody's and Fitch, which had a negative impact on bank shares. Furthermore, the ongoing trade tensions between the US and China could also be one of the reasons for the downward trend in the US stock market. However, it is important to note that the stock market movement is influenced by a wide range of factors, and it is difficult to pinpoint a single reason for the current decrease in US stocks.
Reference articles:
Bank Stocks Keep Crashing — What is Happening?
Is the market in a downward cycle? Are the negative factors bringing bearish
US stocks fall as Moody's downgrades drag bank shares lower
Stock Market's Weekly Loss a Warning Shot to Investors -- WSJ
Gains Erased From US Stock Market 😨
US STOCKS-Wall Street drops, investors step back after Fitch downgrades US
US stocks fall as Dow sheds nearly 350 points after Fitch credit-rating downgrade