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


Source: clickondetroit.com clickondetroit.com

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Specialist John McNierney, left, and trader Anthony Carannante work on the floor of the New York Stock Exchange, Wednesday, May 14, 2025. (AP Photo/Richard Drew) HONG KONG – 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. Recommended Videos Chinese markets...