US Stocks Brush Off Moody's, Echo Past Tech Booms
US Stocks Brush Aside Moody’s DowngradeIn poker, a “tell” is a player’s subtle character or demeanor change that can unknowingly tip off an opponent and provide crucial information about how strong a hand they may have. The best and most powerful market tell on Wall Street is price action versus news. When the market gets hit with bad news, how fast it rebounds can be a tell for savvy investors.Friday, after the market closed, the Nasdaq and other major US indices fell more than 1% after Moody’s ((MCO) cred ...