Yesterday, August 3rd, key Indices went into a downturn following Fitch’s downgrading of the United States’ credit rating.
Wednesday, June 7th, may have been an eventful day for the US markets as volatility emerged across indices and stocks. What could have caused this volatility?
Yesterday’s Wall Street trading ended with major Indices on a downtrend following the release of disappointing retail sales data.
On Monday, a key Wall Street index, the Nasdaq, posted the first two-day gain of 2023. Many factors such as a surprising rise in Tesla share prices and strong tech stock performance may have contributed to these gains.
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