Wall Street Closes Mixed as Asian Markets Decline; Moody's Cuts Chinese Ratings
- Wall Street closed mixed on Friday; Nasdaq fell while S&P 500 was flat
- Asian indices declined today; Chinese, South Korean and Hong Kong indices down
- Moody's cut ratings on 11 Chinese companies due to high default rates
- Fed's Waller said rate cuts possible in 2H2023 if spending slows as expected
- Berkshire Hathaway Q4 earnings beat expectations; record $167.7B cash balance