On Friday, Moody’s Investors Services slice its rankings outlook on the U.S. government. Investors, focused on the 7 days forward, are now shrugging that off.
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CNBC Day-to-day Open: The Moody’s downgrade was a non-occasion
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CNBC Daily Open: Markets see slim gains – but dark clouds loom as yields spike, trade talks turn testy
U.S. dollar bills. Nurphoto | Nurphoto | Getty Images U.S. stocks mostly eked out slim gains overnight, as investors look past Moody’s downgrade of the U.S.’s credit rating last Friday. This extends the markets’ rally from last week on the U.S.-China’s temporary trade truce. But there are dark clouds on the horizon. Moody’s downgrade continues to grip […]
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China cuts benchmark lending rates for the first time in 7 months in Beijing’s growth push
A general view of shoppers is seen in a retail store in Shanghai, China, on May 10, 2025, as China’s CPI declines in April amid a trade war. Ying Tang | Nurphoto | Getty Images China cut its key lending rates by 10 basis points on Tuesday, as a stronger yuan and easing trade tensions […]
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Shares in China’s CATL jump over 11% in Hong Kong debut as battery maker rides electric-vehicle boom
Shares of CATL debut in Hong Kong on May 20, 2025. Sopa Images | Lightrocket | Getty Images Shares of the world’s largest battery manufacturer Contemporary Amperex Technology rose over 11% in their Hong Kong trading debut on Tuesday. Shares were trading at 292 Hong Kong dollars apiece on the Hong Kong stock exchange premarket, compared […]
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