Dow Futures Fall, Dollar Slips
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The Dow Jones Industrial Average reversed its earlier losses Monday afternoon, as investors continued to digest the potential impact of Moody's downgrade of the U.S. sovereign rating from triple-A. The Dow was down 317 points to as low as 42,
Stock futures fell and Treasury yields soared on Monday as investors responded to news that a major ratings agency had downgraded its assessment of U.S. federal government debt.
The Dow Jones Industrial Average (DJIA) gained ground to kick off the new trading week, touching 42,800 for the first time in eight weeks as markets continue to push equity markets back into the high end following this year’s tariff-fueled stock rout.
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Investor's Business Daily on MSNDow Jones Slides 250 Points On U.S. Credit Downgrade; Apple, Nvidia, Tesla Sell OffThe Dow Jones tumbled Monday on Moody's downgrade of the U.S. credit rating. Apple, Nvidia and Tesla sold off on the stock market today.
Stocks closed solidly higher on Friday, pushing major indexes to big weekly gains for the third time in the last four weeks.