US stock futures down
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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.
U.S. stock futures dipped on Monday after closing higher for the day and the week on Friday. Futures were trading lower in premarket.
Asian shares are lower after Moody's Ratings downgraded the sovereign credit rating for the United States. U.S. futures and the dollar also slipped.
U.S. stock futures have drifted lower since the release of the latest batch of U.S. economic data at 8:30 a.m. Eastern Time, although they continued to point toward a higher open. The data included a reading on housing starts,
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