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US stocks plummet as debt fears and credit downgrade spur "sell America" sentiment.
US stocks fell sharply as concerns grew over the country's rising debt and deficits.
The S&P 500, Dow Jones, and Nasdaq all declined by over 1%, with Treasury yields rising above 5% due to weak demand in a 20-year bond auction.
Moody's recently downgraded the US credit rating, and concerns over President Trump's tax cuts and budget bill, which could add $3 to $5 trillion to the national debt, have led to a "sell America" sentiment among investors.
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Las acciones estadounidenses se desploman a medida que los temores de la deuda y la rebaja de la calificación crediticia estimulan el sentimiento de "vender a Estados Unidos".