US Stock futures slide after Moody’s credit rating downgrade triggers market Jitters over $36 trillion debt, rising yields, and tech sell-off
US stock futures slide after Moody’s downgrades country’s credit rating- U.S. stock futures fell sharply early Monday after credit rating agency Moody’s downgraded the U.S. sovereign credit rating by one notch, citing growing concerns over the nation’s $36 trillion debt. This move, though expected by some market watchers, still managed to shake investor confidence at the start of the trading week.