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Stocks sink after historic US credit rating downgrade

https://www.cnn.com/business/live-news/stock-market-news-today-credit-downgrade/index.html

Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing "a steady deterioration in standards of governance."

Stocks sink after historic US credit rating downgrade

2 comments

_MoveSwiftly

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Someone had to do something. Glad this is happening, the financials of the US government is not a joke for parties to play with.

drexy_rexy

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Since it already happened once when they were screwing around with the debt ceiling last time I wouldn't be surprised if the reaction isn't as great.