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Fitch downgraded the US credit rating citing the debt ceiling thing and the J6 indictments. [View all]
Stocks sink after historic US credit rating downgradehttps://www.cnn.com/business/live-news/stock-market-news-today-credit-downgrade/index.html
Excerpt:
Former Treasury Secretary Larry Summers also called the timing of the change into question.
“The United States faces serious long-run fiscal challenges. But the decision of a credit rating agency today, as the economy looks stronger than expected, to downgrade the United States is bizarre and inept,” he said on Twitter, now formally known as X.
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