US markets open lower, Dow plunges over 250 points amid...

US markets open lower, Dow plunges over 250 points amid Moody’s downgrade and debt concerns

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US stock markets opened sharply lower on Monday after Moody’s downgraded the country’s sovereign credit rating, citing concerns over escalating federal debt. The downgrade rattled investor confidence, triggering broad-based selling across equities and lifting market volatility. Investors sought safe-haven assets, pushing gold prices higher, while the dollar slipped against other major currencies.

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