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Investing@lemmy.worldEnglish · 1 year ago

Stocks sink after historic US credit rating downgrade

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Stocks sink after historic US credit rating downgrade

drexy_rexy@programming.dev to

Investing@lemmy.worldEnglish · 1 year ago

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Live updates: Stocks sink after historic US credit rating downgrade | CNN Business

Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance.”

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1 year ago
Since it already happened once when they were screwing around with the debt ceiling last time I wouldn’t be surprised if the reaction isn’t as great.

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