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The S&P 500 fell 7% after the latest US credit standing downgrade. What occurs after Fitch?

August 2, 2023 by Admin
The S&P 500 fell 7% after the recent US credit rating downgrade.  What happens after Fitch?

Fitch downgraded the US credit standing in a shock transfer that despatched shares right into a tailspin on Wednesday. There’s precedent for what occurs subsequent, albeit greater than a decade previous and in a distinct period for the markets. Buyers should be ready. US scores company Fitch fell to AA+ from AAA late Tuesday, because … Read more

Categories News Tags AAPL, Apple, C&E Exclusion Filter, C&E Industry News Filter, Commodities ( t) Financial Market News, Commodities/Financial Market news, COMP, Content Types, Corporate, Corporate action, Corporate actions, Corporate Credit Ratings, Corporate Debt Instruments, Corporate Finance, Corporate/Industry News, DJIA ( t) Corporate finance, Dow Jones Industrial Average, Economic News, Economics, Economy & Politics, Electronic Exclusion Filter, Factiva Filters, Factor filters, Government Borrowing, Government Finance, Government financing, Industry news, Industry news filter, Markets, NASDAQ Composite, North America, Politics, Politics ( t)) Economy, S&P 500, SPX, SYND Leave a comment

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