Trump’s Tariff Fireworks Resume And More: This Week In Markets - Apple (NASDAQ:AAPL)
Summary by Benzinga
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Weekly Recap Fundamental Analysis: Stock Indices Fluctuate and The Dollar Falls On Concerns Of US Credit Rating Downgrade
Key Takeaways: Global markets experienced volatility this week with the growing concerns over rising bond yields and fiscal instability, following Moody’s downgrade of the U.S. credit rating. The U.S. dollar declined against major currencies as investors reacted to fiscal uncertainties in the U.S. and shifting monetary policy expectations. Oil prices faced downward pressure due to potential OPEC+ supply increases of 411,000 barrels daily. Globa…
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