Stocks fall after Fitch downgrades U.S. government’s credit rating

MacDailyNews
Aug 2, 2023, 2:09 pm327 pts
Wall Street fell on Wednesday after rating agency Fitch’s downgraded the U.S. government’s credit rating to AA+ from AAA, citing fiscal deterioration over the next three years as well as growing government debt, the second major agency to cut the country’s rating after Standard & Poor’s stripped the U.S.…

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