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