CNBC Daily Open: Markets See Slim Gains – but Dark Clouds Loom as Yields Spike, Trade Talks Turn Testy

CNBC Daily Open: Markets see slim gains – but dark clouds loom as yields spike, trade talks turn testy

U.S. stocks mostly eked slim gains overnight, but Moody's downgrade of the U.S.' credit rating continues to grip the bond market.

The New York Stock Exchange ended in a small increase on Monday after a start of the day in the red.

All three major Wall Street stock indexes managed to close with small gains, reversing their initial losses, which were triggered by the initial large rise in bond yields.… Wall Street: Small gains, against the backdrop of the downgrade by Moody’s - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

The stock markets show a slight increase, seeming to minimize the impact of the loss of the triple A. New York indices have closed in a slight increase, demonstrating an unexpected resilience to the downgrading of the US sovereign note. Investors seemed to relativize this announcement, preferring to focus on economic indicators and results [...] The article Wall Street resists despite the deterioration of US credit has appeared first on Le Singu…