A.M. Update – U.S. Credit Downgrade

S&P futures are down -0.7% and NASDAQ-100 futures are down -0.95% this morning. Negative reactions to results and/or guidance from the likes of Starbucks (SBUX), Pinterest (PINS), and SolarEdge Technologies (SEDG) have acted as a drag on the broader market. Fitch downgraded the United States credit rating to “AA+” from “AAA”, citing an expected fiscal…