European stocks weaken after U.S. downgrade; risk sentiment hit hard By Investing.com

Fitch downgraded the United States to AA+ from AAA late Tuesday, citing likely fiscal deterioration over the next three years and repeated down-to-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills.

This decision brought a sharp response from the U.S. government, with Treasury Secretary Janet Yellen calling it"arbitrary and based on outdated data." The economic data slate is largely empty in Europe Wednesday, but investors may also be keeping an eye on the political turmoil in the U.S., with former President Donald Trump charged late Tuesday with conspiracy to defraud the U.S. and other crimes related to his efforts to overturn his 2020 presidential election loss.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks weaken; manufacturing PMI data disappoints By Investing.com⚠️BREAKING: *EUROPEAN STOCKS SINK ACROSS THE CONTINENT AS MANUFACTURING PMI DATA DISAPPOINTS 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇳🇱🇬🇧
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks hit by tech losses as Fitch cuts U.S. rating By Investing.com⚠️BREAKING: *ASIAN STOCKS TUMBLE ACROSS THE REGION AS FITCH CUTS U.S. RATING; JAPAN'S NIKKEI FALLS 2% 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳
Source: Investingcom - 🏆 450. / 53 Read more »

Dow futures just higher; major tech earnings, jobs report in focus By Investing.com*DOW FUTURES INCH HIGHER TO START THE WEEK; MAJOR TECH EARNINGS, JOBS REPORT IN FOCUS $DIA $SPY $QQQ 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »