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Indebta > Markets > Stocks > Wall St tumbles after Fitch cuts top-tier US rating
Stocks

Wall St tumbles after Fitch cuts top-tier US rating

News Room
Last updated: 2023/08/02 at 10:17 AM
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© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo

(Reuters) – Wall Street’s main indexes opened lower on Wednesday after rating agency Fitch’s surprise move to downgrade the U.S. government’s credit rating hit appetite for risky assets.

The fell 78.76 points, or 0.22%, at the open to 35,551.92.

The opened lower by 25.80 points, or 0.56%, at 4,550.93, while the dropped 151.19 points, or 1.06%, to 14,132.73 at the opening bell.

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News Room August 2, 2023 August 2, 2023
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