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Stock futures fall after market mood soured by Fitch lowering U.S. credit rating

Por: MarketWatch Business August 02, 2023

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What’s driving markets Equity-index futures succumbed to a broad risk off tone across markets after , citing “expected fiscal deterioration” and an “erosion of governance”. Fitch’s move followed a similar move by S&P Global in 2011 after a previous fight in Congress over raising the debt ceiling. The U.S. Treasury market acts as a global benchmark upon which many financial products are based and so uncertainty about its stability can... + full article



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