Dow Jones futures dropped Monday on Moody's downgrade of the U.S. credit rating. Apple, Nvidia and Tesla sold off on the stock market today.

US stocks managed to eke out gains on Monday as bond yields eased off bigger gains and Wall Street largely shrugged off Moody's downgrade of the US credit rating. Meanwhile, investors digested developments in President Trump's tariff salvos.

Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs throughout the nation's economy. The Dow Jones Industrial Average dropped 295 points, or 0.7%, while the S &P 500 fell 0.9%. The tech-heavy Nasdaq plunged 1.2%.

Investors will get the first chance to react to Moody’s downgrade of the U.S. credit rating late Friday over rising government debt and they’ll also look for more progress from President Trump on trade deals as the week kicks off.

U.S. stocks sank early Monday, with the S&P 500 dropping 1% at the open, the Nasdaq sliding 1.3%, and the Dow Jones Industrial Average down 297 points, or about 0.6%. The VIX spiked 13% and gold pushed higher,

Billionaire Ray Dalio weighed in on Moody’s recent downgrade of the U.S. creditworthiness, claiming the move understates the risk of government debt.  Moody’s dropped the country from its

Investors largely shrugged off a downgrade of the U.S.'s credit rating in Monday trading as stocks ended the day mostly flat.

American markets fell to open the week Monday, reacting to Saturday's news that Moody's Ratings was downgrading U.S. debt.