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S&P 500 Streak Ends Amid Rising Yields, Downgraded Credit

5/22/2025

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Story summary
  • The S&P 500's six-day winning streak came to a halt as rising US yields and worries over Trump's tax cut proposals rattled investors, raising fears of a ballooning budget deficit. Adding to the anxiety, Moody's downgraded the U.S. credit rating, intensifying concerns about national debt. However, hope lingers with the "Magnificent 7" stocks poised to potentially drive a recovery in 2025.