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Sairaj Kadam
Student & Financial ... • 5m
Moody’s just downgraded the U.S. credit rating from AAA to AA1 huge blow to confidence. Last week, Nasdaq surged 7%, S&P 500 5%, Dow 3% on tariff truce. But today? Futures drop: Dow -0.9%, S&P -1.2%, Nasdaq -1.6%. Debt fears now shaking markets hard. This is for those who don't know what moody is. Moody’s is one of the "Big Three" credit rating agencies in the world (along with S&P Global and Fitch). It assesses the creditworthiness of countries, companies, and financial instruments. A downgrade by Moody’s signals that the agency believes the borrower (in this case, the U.S. government) is at a higher risk of not repaying its debt fully or on time.
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