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US pre-open: Stocks set to drop on tariff concerns, Moody's downgrade

By Benjamin Chiou

Date: Monday 19 May 2025

(Sharecast News) - Warnings from the Treasury secretary about potential tariff hikes and a downgrade of the US credit rating by Moody's was set to weigh heavily on stock markets on Monday, with Wall Street futures showing sharp falls before the opening bell.
By 0532 ET, Dow futures were pointing down...

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