Forbes Daily: Moody’s U.S. Credit Downgrade Kicks Off Stock Futures Slump
- Moody's downgraded the U.S. Credit rating from Aaa to Aa1 on Friday, triggering a decline in U.S. Stock futures Monday evening.
- The downgrade reflected concerns over the growing federal debt, financing challenges, and strained deficits amid ongoing tariff policies.
- Last week, stocks surged following a U.S.-China tariff stand-down, with the Nasdaq rising over 7%, the S&P 500 over 5%, and the Dow more than 3%.
- Following Moody's downgrade, futures tied to the Dow fell about 287 points, the S&P 500 futures decreased 0.7%, and Nasdaq futures dropped 0.8%, as Peter Boockvar noted the downgrade is symbolic.
- The credit rating cut suggests continued pressure on bond prices and heightened market uncertainty, with investors awaiting U.S. Central bank speeches and key economic data this week.
13 Articles
13 Articles
Stock Market Live May 19: US Debt Downgraded, S&P 500 (VOO) Falls
Live Updates Live Coverage Updates appear automatically as they are published. Bond Panic Moderates 11:22 am Following Moody’s downgrade of U.S. debt this morning, 30-year U.S. treasury yields passed 5% and 10-year bonds rose to 4.5%, but as the day wears on, some investors are filtering back to buy the dip, and lower bond yields accordingly. As we approach the noonday mark, 30-year T-bills have fallen below 5% (4.975% to be precise) while t…
Futures Slide, Yields And Gold Jump As Markets React To Moody's Downgrade
Futures Slide, Yields And Gold Jump As Markets React To Moody's Downgrade US equity futures and bond yields are sharply higher across the curve as market react to Moody's greatly delayed downgrade to US credit on Friday (it follows 14 years after S&P did the same in August 2011), with the USD trading broadly lower, gold higher and macro credit trading notably wider. As of 8am ET, S&P 500 contracts fell 1.0% and Nasdaq 100 futures down 1.4%, with…
Asian shares slide and US futures and dollar drop after Wall Street’s winning week
HONG KONG (AP) — Asian shares fell Monday and U.S. futures and the dollar weakened after the sovereign credit rating for the United States because of its failure to stem a rising tide of debt. The future for the S&P 500 lost 0.9% while that for the Dow Jones Industrial Average fell 0.6%. The U.S. dollar slipped to 145.14 Japanese yen from 145.65 yen. The euro was unchanged at $1.1183. Chinese markets fell after the government said retail sales r…
Dow futures drop 250 points and Treasury yields jump after Moody's downgrades U.S. debt
Stock futures pointed lower on Sunday evening as investors weighed fresh warnings on U.S. debt and the potential for President Donald Trump's trade war to heat up again. Late Friday, Moody's downgraded the U.S. credit rating one notch. That came as Congress tries to extend Trump's tax cuts and add new ones, which are expected to deepen federal deficits. U.S. stocks signaled a retreat on Sunday night as investors weighed fresh warnings on U.S. de…
Coverage Details
Bias Distribution
- 67% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage