The Dow Jones Industrial Average fell 1% and the S&P 500 dropped 1.4%, the two indices sustaining their biggest falls since April. The Nasdaq composite's drop was most pronounced, shedding 2.2%, while bond market prices were mixed. The Fitch Ratings downgrade of the US government on Tuesday, due in part to repeated congressional delays over the US debt, has raised concerns about safe investments.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/t79ZLsY
https://ift.tt/CLhl0BO
US stocks: Wall Street tumbles to its worst loss in months
August 02, 2023
0
Tags