Abusa Trade –Anywhere but the United States-She returned to the table this morning, where investors were charged with reducing the MOODY classification to classify American credit from Triple-A, along with the front march of the medium budget bill for debt at home, and decided that they did not like taste.
Reduce Friday evening MOODYSend returns on the locker bonds for 30 years more than 5 %It returns to 10 years over 4.5 %. Driving to the house, this news, which indicates that this is an American issue, as all the three main exchanges of Wall Street fell on Monday morning – with Nasdak Futures decreased by 1.7 % at times – while stocks in Europe and Asia traded sideways or fell, but less.
The US dollar was slipped against the Japanese yen and the euro as well.
The basic issue? While a large part of the Wall Street and the Economy Foundation (not to mention Moody’s) see the US debt that is constantly expanding as not sustainable, the budget bill paid by the Trump administration is likely to add other billions.
“There is one thing that stands out, and that is that at this point there are no signs of any serious deficit control,” He said Deutsche Bank Search strategy Jim Reed.
One spot of green among all red markets in the United States? Novavax, which jumped more than 16 % on the news that the FDA agreed (FDA), despite its restrictions.
Here is a snapshot of today’s work before the opening bell in New York:
- S & P 5000.7 % increased Friday. The index rises 1.3 % ytd.
- S & P Futures1.2 % traded this morning, premarkket.
- Stoxx EUROPE 600It decreased by 0.7 % in early trading.
- Asia was mixed:Japan0.7 % decreased.China Shanghai exchangeIt was 0.1 %.KoreaIt was below andIndiaIt was 0.3 % off.
- Timingand Nafidia and BaldirEvery more than 3 % of the markets decreased.
- BitcoinHe was sitting over $ 103,000 this morning.
This story was originally shown on Fortune.com
