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The Independent UK
The Independent UK
National
Jiang Junzhe

Asian shares slide and US futures and dollar drop after Wall Street's winning week

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Financial Markets Wall Street - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares fell Monday and U.S. futures and the dollar weakened after Moody’sRatings downgraded the sovereign credit rating for the United States because of its failure to stem a rising tide of debt.

The future for the S&P 500 lost 0.9% while that for the Dow Jones Industrial Average fell 0.6%. The U.S. dollar slipped to 145.14 Japanese yen from 145.65 yen. The euro was unchanged at $1.1183.

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