Investors Save Market From AAA Trouble: How Long Can the Rally Last?
The U.S. has lost its "last remaining AAA rating," with Moody's making a move at a particularly "sensitive" moment. Wall Street says this has given the stock market a reason to pull back.
Wall Street strategists generally believe the downgrade wasn't a surprise, but it could further undermine market confidence and potentially trigger a stock market correction.
However, retail investors' buying push up the market and closed higher.
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How long can the rally last?
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