Dow Futures Down 0.1% On Lowered Moody’s Credit Downgrade

U.S. stock futures experienced marginal decreases during Sunday’s evening trade after Moody’s (NYSE:MCO) Investors Service revised its US credit rating outlook from stable to negative.

By 6:55 pm ET (11:55 pm GMT) Dow Jones Futures S&P 500 Futures and Nasdaq 100 Futures fell 0.1% apiece.

Ahead in the week, investors will be looking toward key CPI and PPI data, retail sales, business inventories, Philadelphia Fed manufacturing index, industrial production, as well as speeches from Cook, Williams, Goolsbee, Kroszner, Waller, Mester and Daly, Investing.com cited.

Among earnings, companies including Home Depot Inc (NYSE:HD), Walmart Inc (NYSE:WMT), Applied Materials Inc (NASDAQ:AMAT), Warner Music Group (NASDAQ:WMG) and BJs Wholesale Club Holdings Inc (NYSE:BJ).

On Friday, the Dow Jones Industrial Average 391.2 points or 1.2% to 34,283.1, the S&P 500 lifted 67.9 points or 0.6% to 4,415.2 and the NASDAQ Composite added 276.7 points or 2.1% to 13,798.1. On the bond markets, United States 10-Year rates were at 4.652%.  

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