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Thursday, August 3, 2023

[New post] DAILY UPDATE: Amazon Clinic, Fitch Down-Grade Fallout and the Markets

Site logo image Dr. Marcinko posted: " By Staff Reporters *** *** Amazon expanded its virtual healthcare service, Amazon Clinic, to all 50 states. RELATED: https://medicalexecutivepost.com/2023/02/22/amazon-buys-one-medical-parent-1-life-healthcare/ *** MCLEAN, Virginia " The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants

DAILY UPDATE: Amazon Clinic, Fitch Down-Grade Fallout and the Markets

Dr. Marcinko

Aug 3

By Staff Reporters

***

***

Amazon expanded its virtual healthcare service, Amazon Clinic, to all 50 states.

RELATED: https://medicalexecutivepost.com/2023/02/22/amazon-buys-one-medical-parent-1-life-healthcare/

***

MCLEAN, Virginia (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday voiced more objections to Fitch Ratings' downgrade of the main U.S. credit rating, calling it "entirely unwarranted" because it ignored improvements in governance metrics during the Biden administration and the country's economic strength.

CITE: https://www.r2library.com/Resource

***

Here is where the major benchmarks ended:

  • The S&P 500 Index was down 63.34 points (1.4%) at 4,513.39; the Dow Jones Industrial Average (DJIA) fell 348.16 points (1.0%) to 35,282.52; the NASDAQ Composite dropped 310.47 points (2.2%) at 13,973.45.
  • The 10-year Treasury note yield (TNX) rose about 3 basis points to 4.073%.
  • CBOE'ss Volatility Index (VIX) was up 2.2 at 16.13.

Consumer discretionary and energy shares were also weaker, with the latter pressured by a more-than 2% drop in crude oil futures.

The U.S. dollar index (DXY) strengthened for a fifth straight day and touched a four-week high, as investors shed riskier assets in favor of what are considered safe havens. Volatility based on the VIX hit its highest level since late May.

***

ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283

***

COMMENTS APPRECIATED

Thank You

***

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