Moody's Downgrades U.S. Credit Rating; Dow, S&P 500, Nasdaq Futures Slide, Treasury Yields Rise, Dollar and European Shares Drop

Moody's Investors Service downgraded the United States' credit rating, leading to a decline in stock futures for major U.S. indices including the Dow Jones Industrial Average, S&P 500, and Nasdaq. The downgrade also triggered a drop in global shares and a decrease in the U.S. dollar's value. Concurrently, U.S. Treasury yields rose following the credit rating cut. European stock markets experienced declines in response to Moody's decision, reflecting broader investor concerns about the U.S. economic outlook and creditworthiness.