Investors shrug off Moody’s downgrade as stocks, U.S. borrowing costs stay largely flat
Investors largely shrugged off a downgrade of the U.S.’s credit rating in Monday trading, as stocks ended the day mostly flat. The Dow Jones Industrial Average added more than 130 points for an increase of 0.32%. The broader S&P closed up 0.09% and the tech-heavy Nasdaq gained 0.02%. Late Friday, Moody’s became the third and…
