Comtex smartrend Midday Market Recap: March 15, 2010
Comtex smartrend Midday Market Recap: March 15, 2010 The major US equity indices are trading lower Monday on concerns over China's economy and a warning about the US credit rating and as investors await the Fed's meeting on interest-rate policy on Tuesday. Moody's said Monday that debt loads are stretched in the US and Britain, which have “AAA” ratings. A drop in the rating would make it more expensive for the government to borrow money.