Markets Steady Post-Moody's Downgrade, HD Earnings and Gold Bounces Back
Schwab Network · Schwab Network
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Show Notes
Equity futures are holding steady despite Monday's credit rating downgrade from Moody's. Kevin Green attributes the market resilience to attractive yields and continued foreign buying interest. He notes a low volume trading and lack of conviction at current levels could lead to a pullback. Meanwhile, Gold futures (/GC) bounce higher after Monday's slide. On the earnings front, Home Depot (HD) beat revenue expectations and says it won't raise prices because of tariffs.
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