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Reading: Nasdaq drops over 1% after Moody’s cuts US score; yields rise
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StockWaves > Financial News > Nasdaq drops over 1% after Moody’s cuts US score; yields rise
Financial News

Nasdaq drops over 1% after Moody’s cuts US score; yields rise

StockWaves By StockWaves Last updated: May 19, 2025 1 Min Read
Nasdaq drops over 1% after Moody’s cuts US score; yields rise
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Wall Avenue’s major indexes opened decrease on Monday as Treasury yields rose after Moody’s downgraded the U.S. sovereign score, sharpening concentrate on its mounting debt.

The Dow Jones Industrial Common fell 111.9 factors, or 0.26%, on the open to 42542.81. The S&P 500 fell 55.5 factors, or 0.93%, on the open to 5902.88, whereas the Nasdaq Composite dropped 273.7 factors, or 1.42%, to 18937.417 on the opening bell.

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