Stocks fall on concern about US credit rating…

NEW YORK (AP) – Concerns about China’s economy and a warning about the U.S. credit rating sent stocks modestly lower.

Credit ratings agency Moody’s said Monday that debt loads are stretched in the U.S. and Britain. The countries carry the top “AAA” rating. And a drop in the rating would make it more expensive for the government to borrow money.

Investors also looked to China, where stocks fell after the country’s annual policy meeting ended without new measures to help increase consumer spending. There are concerns that China’s efforts to slow its economy and curb inflation will hurt a global recovery.