Top of the Hour: Investors React to U.S. Credit Downgrade, Morning Headlines

Stock futures are down this morning as global markets react to the first ever downgrading of the United States’ credit rating by Standard and Poor’s. Moody’s repeated its warning that it too could downgrade U.S. credit in the next year if the economy continues to weaken. Richard Hunter, head of U.K. Equities at Hargreaves Lansdown Stockbrokers, gives his analysis from London.