Stocks slip Monday in response to worry economic news
- Alexangel Ventura
- May 19
- 1 min read
On Monday morning, the stock market appeared fairly bearish as investors pulled out from fears of economic turmoil.
The S&P 500 fell 0.4%, the Dow fell 0.1%, and the Nasdaq fell 0.7%. In addition, the Russell 2000 index fund fell 1.1%, reflecting on poor performances all across the board for small businesses.
Investors have sold away their capital from the stock market in response to Moody's downgrading of the U.S. Credit Rating in response to recent economic developments, including Trump's tariff rates which have posed a major risk to economic activity domestically.
However, stocks have also reduced in response to natural market correction, specifically due to their great success last week.
