So much for ‘Sell America’ — S&P 500 tallies sixth straight win as stocks erase losses following Moody’s downgrade - MarketWatch
1. Moody's downgraded U.S. credit rating, causing initial market concern. 2. S&P 500 extended winning streak to six days, closing slightly higher. 3. Investors favored defensive stocks amid a volatile trading session. 4. Treasury yields rose while investors bought bonds to stabilize the market. 5. The economy's positive outlook is aiding investor confidence despite risks.