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Market Domination co-host Julie Hyman tracks today’s top market stories in this Market Minute.
Moody’s downgrade on US credit brings the agency's rating in line with ratings from Fitch and S&P, while gold (GC=F) rebounds as investors move to safe havens.
Palantir Technologies (PLTR) shares are sliding after recent record highs amid valuation concerns.
Meanwhile, UBS upgrades shares of United Airlines (UAL) and Delta Air Lines (DAL) to a Buy rating, citing improved outlooks for international and premium travel.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
And it's time for Yahoo! Finance's Market Minute. US stocks trimmed losses shrugging off Moody's US credit downgrade. That downgrade bringing Moody's in line with Fitch and S&P, which previously stripped the US of its top tier rating. And gold is bouncing back after that US credit downgrade fuels demand for safe havens. The precious metal recovering from a six-week decline, and move higher also coming amid renewed trade tensions. Palantir shares are falling to start the trading week. That move lower after seeing major gains the week prior, hitting another record high. However, some analysts have noted concerns in recent weeks about the stock's lofty valuation. United Airlines and Delta getting a lift as UBS upgrades those stocks from neutral to buy. The firm striking a more optimistic tone following the recent tariff relief, noting an improved outlook for international and premium revenue for airlines. And that's your Yahoo! Finance Market Minute. For more and what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of this session.
