Today is the first day that most stock exchanges have been open since ratings agency Standard & Poor's announced its US credit downgrade from a AAA rating to AA+. Here’s how world markets have responded so far:
Germany defeated Brazil 7-1 in the World Cup semi-final on Tuesday, but Germany is also winning in the markets. Germany's equity, currency, and government bond markets have also been surpassing Brazil.
Stocks were tugged lower Wednesday by a grim earnings report from the world's largest construction equipment company. That makes two consecutive days of losses for stocks, the first time that's happened all month.
Stocks plunged Thursday continuing the flight from stocks and bonds as traders reacted to news that the Federal Reserve could end its massive bond-buying program. A slowdown in Chinese manufacturing added to Wall Street's worries.
Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing above 15,000 for the first time. Higher quarterly profits for companies including satellite TV provider DirecTV and watchmaker Fossil pushed stocks upward. The Dow Jones is up 15 percent this year.
Stocks rose Tuesday after reports on auto sales and factory orders provided the latest evidence that the US economy is strengthening. Health insurer stocks rose after the government released revised reimbursement rates for Medicare Advantage plans.