Stock Market News Today: Dow drops 350 points after Fitch downgrade

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US stocks fall as Dow sheds nearly 350 points after Fitch credit-rating downgrade

: Traders work on the floor of the New York Stock Exchange on June 01, 2023 in New York City. Despite the passing the debt ceiling bill in the U.S.

House of Representatives, the Dow was lower in morning trading.The sell-off follows Fitch's downgrade of the US debt rating late Tuesday. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily.

 

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