Stocks, bonds and the dollar fall after Moody’s downgrades the credit rating of the US government

News Snapshot:

NEW YORK (AP) — The “Sell America” sentiment is hitting Wall Street again and U.S. stocks, U.S. bonds and the value of the U.S. dollar are all falling after the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 was 1% lower in early trading Monday after Moody’s Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier “Aaa” rating. The Dow Jones Industrial Average was down 282 points, or 0.7%, and the Nasdaq composite was 1.2% lower. THIS...