Why Broadcom Stock Ticked Higher on Monday
  • May 19, 2025

Why Broadcom Stock Ticked Higher on Monday

A researcher published an update on stocks involved in the artificial intelligence segment. Broadcom is among the titles it's quite bullish on. Broadcom (NASDAQ: AVGO) stock was a winner on a fairly forgettable Monday for the market.

Trading Day: Dealing with the US downgrade
  • May 19, 2025

Trading Day: Dealing with the US downgrade

The Moody's downgrade of the U.S. credit rating rippled through markets on Monday and put fresh focus on the nation's fiscal outlook. Long-dated Treasury yields rose, the dollar fell, while stocks edged higher after rebounding from sharp declines early in the session. Jamie is enjoying some well-deserved time off, but check out his latest column examining Federal Reserve Chair Jerome Powell's legacy as the central bank prepares to release its new review later this year.

What does the Moody's rating downgrade mean for the economy?
  • May 19, 2025

What does the Moody's rating downgrade mean for the economy?

Investors sold off U.S. debt over the weekend after a high-profile downgrade of the nation’s credit, stoking concern about rising borrowing costs as long-term Treasury yields spiked. The trend threatens to drive up interest rates for everything from credit cards to mortgages, while pressing the brakes on economic growth, analysts told ABC News. "If you borrow money, your rate will go up," Jim Bianco, a market analyst at Bianco Research, told ABC News.

  • May 19, 2025

How major US stock indexes fared Monday, 5/19/2025

Moody’s Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier “Aaa” rating. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq was little changed. The Nasdaq composite rose 4.36 points, or less than 0.1%, to 19,215.46.

  • May 19, 2025

How major US stock indexes fared Monday, 5/19/2025

Moody’s Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier “Aaa” rating. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq was little changed. The Nasdaq composite rose 4.36 points, or less than 0.1%, to 19,215.46.

Fed Officials Signal Rates Likely to Stay on Hold Until at Least September
  • May 19, 2025

Fed Officials Signal Rates Likely to Stay on Hold Until at Least September

(Bloomberg) -- Most Read from BloombergAmerica, ‘Nation of Porches’NJ Transit Train Engineers Strike, Disrupting Travel to NYCNYC Commuters Brace for Chaos as NJ Transit Strike LoomsNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeTwo Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic outlook.“It’s not going to be that in June we’re going to understan