Stocks Slide After Debt Downgrade Even As Experts Dismiss 'Little' Impact On Markets

  • 📰 Forbes
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Stocks slumped Wednesday as investors digested a rare downgrade on some of the U.S. federal government’s long-term debt from AAA to AA+.

on some of the U.S. federal government’s long-term debt from AAA to AA+, despite an apparent lack of concern about the implications among several economists and strategists.The Dow Jones Industrial Average dropped 220 points, or 0.6%, by 10:20 a.m. ET, while the S&P 500 and tech-heavy Nasdaq fell 1% and 1.7%, respectively.

Goldman Sachs economist Alec Phillips noted the Fitch change was based on “no new fiscal information” and pointed to the limited fallout from S&P rating agency’s 2011

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 394. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Global markets slide after Fitch downgrades US debt | CNN BusinessGlobal stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating from the highest level, citing “a steady deterioration in standards of governance” and the American government’s growing debt burden.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Fitch downgrades US debt on debt ceiling drama and Jan. 6 insurrection | CNN BusinessFitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance.”
Fonte: cnnbrk - 🏆 393. / 55 Consulte Mais informação »