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Risk-Off Mood Pervades Following Surprise Downgrade Of U.S. Treasuries By Fitch Ratings - Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD)

(Wednesday market open) A defensive, “risk-off” mood gripped global markets early Wednesday after Fitch Ratings’ surprise downgrade of its rating for U.S. Treasuries to AA+ from AAA. The move sparked a rapid retreat from riskier assets, but the bond market saw little initial reaction. Treasuries initially rose following the news.   ....

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