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Fitch Downgrades U.S. Credit Rating


The agency said that the downgrade reflects an erosion of governance. The rating on the U.S. now stands at AA+, or one notch below the top AAA grade.

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S&P 500 Price Update: US Equities Sell-off Ahead of Jackson hole, PCE Data

The S&P 500 dropped from the recent high as Fed speakers reaffirmed the appetite for more hikes, bolstering the dollar. PCE data in focus after cooler CPI earlier this month ....

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