Stock Futures Decline After Credit Downgrade
This is a U.S. news story, published by CBS News, that relates primarily to Moody's news.
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federal deficitsCBS News
•US Politics
US Politics
Stock futures fall after Moody's downgrades U.S. credit rating

84% Informative
S&P 500 futures had shed 65 points, while Dow Jones Industrial Average futures declined 252 points.
Moody's forecast that federal deficits will widen to almost 9% of the U.S. economy by 2035 , up from 6.4% in 2024 .
Concerns over debt come as consumer confidence continues to slip.
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