{"id":335083,"date":"2023-08-08T18:49:28","date_gmt":"2023-08-08T22:49:28","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=335083"},"modified":"2023-08-08T18:49:28","modified_gmt":"2023-08-08T22:49:28","slug":"moodys-downgrade-pressures-stocks","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/moodys-downgrade-pressures-stocks\/","title":{"rendered":"Moody&#8217;s downgrade pressures stocks"},"content":{"rendered":"<p>On Tuesday, Moody&#8217;s downgraded several U.S. banks which pressured American stocks. The S&amp;P closed -0.42%, the Nasdaq -0.79%, and the Dow -0.45%.<\/p>\n<p>Key movers included <a href=\"https:\/\/stockchase.com\/LLY-N\">Eli Lilly<\/a> which soared 14.87% after reporting. Elsewhere, <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> finished -3.06%, <a href=\"https:\/\/stockchase.com\/ZTS-N\">Zoetis<\/a> 4.77% and <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a> -2.49%. After hours, <a href=\"https:\/\/stockchase.com\/LYFT-Q\">Lyft<\/a> reported a beat and jumped over 12% while Rivian reported and sank. The U.S. 10-year yield ticked down to 4.026% as <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> leapt 2.7% to nearly touch $30,000.<\/p>\n<p>The TSX regained most of the session&#8217;s losses and declined by 0.13%. Most sectors lagged, most notably materials and tech, though staples and energy were strong. Major movers included <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray<\/a> which rocketed nearly 31% after buying several beer brands from AB InBev. Meanwhile, <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor<\/a> rallied about 2% as the most-traded stock. <a href=\"https:\/\/stockchase.com\/PET-T\">Pet Value<\/a> closed -10.03%, <a href=\"https:\/\/stockchase.com\/KXS-T\">Kinaxis<\/a> -5.53% and <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed<\/a> -4.74%. WTI crude added 1% to nearly top $83 a barrel.<\/p>\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/LLY-N\">Eli Lilly &amp; Co. (LLY-N)<\/a> +14.87%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices (AMD-Q)<\/a> -3.06%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/ZTS-N\">Zoetis Inc (ZTS-N)<\/a> +4.77%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology (MU-Q)<\/a> -2.49%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/LYFT-Q\">Lyft (LYFT-Q)<\/a> +12%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +2.7%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/TLRY-Q\">Tilray Inc. (TLRY-Q)<\/a> +31%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-T\">Suncor Energy Inc (SU-T)<\/a> +2%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/PET-T\">Pet Valu Holdings (PET-T)<\/a> -10.03%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/KXS-T\">Kinaxis Inc (KXS-T)<\/a> -5.53%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/LSPD-T\">Lightspeed Commerce Inc (LSPD-T)<\/a> -4.74%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, Moody&#8217;s downgraded several U.S. banks which pressured American stocks. The S&amp;P closed -0.42%, the Nasdaq -0.79%, and the Dow -0.45%. Key movers included Eli Lilly which soared 14.87% after reporting. Elsewhere, AMD finished -3.06%, Zoetis 4.77% and Micron [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-335083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/335083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=335083"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/335083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=335083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=335083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=335083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}