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Stock market today: Live updates

Traders work on the New York Stock Exchange (NYSE) in New York City, USA, May 14, 2025. Reuters/Brendan McDermid

Brendan McDermid | Reuters

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

The futures, which was bound by Dow Jones's industrial average, fell by 308 points or 0.8%. S&P 500 -Futures withdrew 0.8%, while the Nasdaq 100 -Futures lost 0.9%.

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 downgrading of the debts could put pressure on bond prices and increase the returns at a time when the economy is already under pressure as President Donald Trump's rejection 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.

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