European Midday Briefing: Fitch's U.S. Downgrade Sours Market Mood morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
MARKET WRAPS Stocks: European stocks tumbled on Wednesday in reaction to Fitch s downgrade of the U.S. government s credit rating. Investors were already cautious over concerns that.
The FTSE 100 closed down 1.4% to 7561 points, in line with global peers and mainly dragged by commodity-exposed stocks after ratings agency Fitch downgraded the U.S. credit rating to AA+ from AAA,.