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Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt
(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.
Futures for the Dow Jones Industrial Average dropped 250 points, or 0.58%. S&P 500 futures slipped 0.6%, while Nasdaq futures ...
The U.S. dollar has opened the new week under pressure after Moody’s cut the nation’s Aaa credit rating late Friday, with EUR ...
Gold bounced back after its biggest weekly decline in six months, with appetite for haven assets boosted by mounting concerns ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
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