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Live updates – NBC Connecticut

The equity futures fell on Sunday evening when investors reacted to the downgrading of Moody's US crediting.

The futures, which was bound with the Dow Jones Industrial Average, sank 292 points or 0.7%. S&P 500 -Futures withdrew 0.7%, while the Nasdaq 100 -Futures lost 0.8%.

Moody's on Friday the rating of the country from AAA reduced one notch to AA1 and brought the agency into harmony with her colleagues. The company quoted the financing challenges associated with the growing budget deficit of the federal government, and the effects on roles over existing US debt over a period of high credit costs.

The debt could put pressure on bond prices and increase earnings at a time when the economy is already under pressure from the President Donald Trumps Develop tariff policy.

“The basic factor for less foreign demand for them and the growing size of the pile of debt, which has to be constantly refinanced, will not change,” said Peter Boockvar, Chief Investment Officer at the Bleakley Financial Group. Moody's downgrade “is symbolic in the sense that here is an important evaluation agency in which the United States has tense debts and deficits.”

The downgrading takes place after a winning week on Wall Street when the investors cheered the deal of the White House with China to temporarily reduce taxes. The agreement was seen as a breakthrough for global trade after Trump's original plan for broad and strong import taxes was unveiled last month.

The technology-based NASDAQ composite material led to more than 7%. The width S&P 500 rose over 5% and recorded a five -day winning streak.

The Blue Chip Dow gathered more than 3%last week. The win of over 300 points on Friday brought the average of 30 points for 2025 to a positive area.

On Monday, investors will monitor speeches of US central bank officials such as Raphael Botic, President of the New York Federal Reserve President of Atlanta, and the President of Dallas Fed, Lorie Logan, during the day. The data of the main indicators are due in the morning.

Trump calls on Walmart to eat the tariffs.

President Donald Trump aimed at Walmart on social media at the weekend.

“Walmart should stop trying to accuse the tariffs as the reason for increasing prices in the entire chain,” Trump wrote in a Saturday post about the social of truth.

“As I said, you should” eat the tariffs “between Walmart and China and charge not valued customers,” he added in the post. “I'll watch and your customers too !!!”

In a statement after the post, Walmart said that it was working on keeping prices as low as possible. This happens after the company's financial director warned last week that consumers could see higher price tags due to Trump's tariff policy.

“We have always worked on keeping our prices as low as possible and we won't stop,” said Walmart in the explanation. “We will keep prices as low as possible as long as we can have the reality of small retail margins.”

– Alex Harring, Melissa Repko and Leslie Josephs

Shares come from the winning week

Shares recorded remarkable profits last week when investors welcomed the US China deal for temporary tariffs.

The NASDAQ composite material rose by more than 7%. The S&P 500 rose over 5% and achieved a five -day winning streak. The Dow gathered more than 3% last week and rose to a positive area in 2025.

– Alex Harring

Equity futures are lower

Equity futures traded shortly after 6 p.m.

Dow -Futures lost 283 points or 0.7%. S&P 500 -Futures fell by 0.7%, while the Nasdaq 100 -Futures dropped by 0.8%.

– Alex Harring

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