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Stock futures slide after U.S. debt downgrade highlights deficit risk: Live updates
Stock futures fell Sunday evening as investors responded to Moody's downgrade of the U.S.' credit rating. Futures tied to the Dow Jones Industrial Average dropped 291 points points, or 0.7%. S&P 500 futures pulled back 0.8%, while Nasdaq 100 futures lost 0.9%.
S&P Global Ratings stripped the United States of its coveted AAA credit rating in 2011, and Fitch Ratings did the same in ...
Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising ...
Moody's was the last credit-rating agency to keep the U.S. at a top AAA rating. That changed Friday, with Moody's joining S&P Global and Fitch on the lower rating. Fitch Ratings downgraded the U.S. in ...
Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the ...
The United States has lost its top-notch credit rating on account of a host of reasons such as inadequate economic planning, ...
Moody’s was the last among major ratings agencies to keep a top, triple-A rating for US sovereign debt, though it had lowered its outlook in late 2023 due to wider fiscal deficit and higher ...
A US sovereign downgrade by Moody’s has exacerbated investor worries about a looming debt time-bomb that could spur bond ...
Republican Texas Rep. Jodey Arrington said Sunday that lawmakers need to tackle the growing U.S. national debt and reduce the ...
OCBC's Vasu Menon recommends investors remain diversified. He remains positive on equities, high quality IG bonds, especially ...
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Moody's downgrades US government ratings due to rising federal debt and interest paymentsMoody's Ratings has downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa. The downgrade, which marks a one-notch fall on Moody's ...
The firm said it expects federal deficits to widen, mostly due to increased interest payments on debt, rising entitlement spending and relatively low revenue generation.
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