Moody’s U.S. Credit Downgrade Sparks Market Jitters Ahead of Monday Opening
Global markets brace for volatility after Moody’s downgrade of U.S. credit ratings triggered overnight futures declines. S&P 500, Dow Jones, and Nasdaq futures all pointed downward in early trading, signaling potential contagion risk across asset classes.
Asian markets exhibited defensive positioning as the news crossed trading desks. While no direct cryptocurrency mentions surfaced in initial reports, institutional traders often treat such macroeconomic shocks as correlated risk events for digital assets.