U.S. stock futures fell as Moody’s Investors Service said it will review the ratings of all European Union countries.
Equity futures joined a global slump today as Moody’s said that last week’s EU summit failed to produce “decisive policy measures” to end the region’s crisis.
Energy and raw material shares fell as the U.S. dollar gained, reducing the appeal of commodities as alternative investments.
World markets:
Nikkei 8,654 +117.36 +1.37%
Hang Seng 18,576 -10.57 -0.06%
Shanghai Composite 2,292 -23.73 -1.02%
FTSE 5,485 -44.53 -0.81%
CAC 3,119 -53.69 -1.69%
DAX 5,850 -137.20 -2.29%
Crude oil: $97.79 (-1,6%).
Gold: $1667,60 (-2,9%).