Markets drop amid debt jitters, Tesla climbs on Musk plan to lower political spending

fortune.com/article/markets-slip-stocks-moodys-debt-credit-rating-elon-musk

As the U.S. economy faces heightened uncertainty, stocks took a slight dip on Tuesday after a six-day winning streak, with the S&P 500 dropping by 0.39%. The downturn comes just a day after the top credit ratings agency Moody’s downgraded U.S. debt from its top rung—the last of the…

This story appeared on fortune.com, 2025-05-20 20:14:34.
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