Market Extra: U.S. AAA debt rating gets a downgrade by Fitch; White House says move ‘defies reality’

Fitch Ratings cut its top credit ratings for the U.S. to AA+ from AAA on Tuesday, pointing to ‘erosion’ of governance and the nation’s expected fiscal deterioration over the next three years, but also a likely recession.

Previous post Earnings Results: AMD stock rallies more than 4% on earnings beat
Next post MicroStrategy narrowed its crypto-related impairment charge sharply in Q2