Stock Market News: Fitch downgrades U.S., stocks sink, ADP adds 324,000 jobs

📆 02/08/2023 13:00:00

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Stocks fell after Fitch Ratings cut the U.S. credit rating citing heavy debt and a weak fiscal position, ADP private employers added 324,000 jobs in July ahead of Friday’s government report, the Mega Millions jackpot soars past $1 billion after no winner and AMD teases a chip made especially for China. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

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Stock Market Today: Dow Futures Fall After Fitch Downgrades U.S.Stock futures and global equities point to markets extending a selloff after Fitch downgraded the U.S.'s credit rating, and as investors continue to parse earnings reports. Follow our live analysis:
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