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Stock market today: Wall Street points lower after Fitch downgrades US government's credit rating

Por: ABC News Business August 02, 2023

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Wall Street was poised to open lower Wednesday after the United States government’s credit rating was cut for just the second time in history.Futures for the Dow Jones industrials slipped 0.3% before the bell and futures for the S&P 500 tumbled 0.5%.Investor optimism was hurt by Fitch Ratings downgrading the U.S. government’s credit rating, citing rising debt at the federal, state, and local levels. The rating was cut Tuesday one notch to... + full article



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