Fitch Financial News

02.08 / 16:13

Reuters Fitch country Oil prices fall Oil prices fall despite record US crude stock drawdown

By Laura Sanicola

02.08 / 15:32

MET FIVE Booking Action Fitch The United States just got downgraded. Should we care?

The unexpected downgrade of U.S. government debt sent shockwaves across the economic and political landscapes. In financial markets, the move was met with what amounts to a shrug.

02.08 / 14:19

NIFTY SENSEX Fitch Bloodbath In Dalal Street; Investors Lose ₹3 Lakh Cr In A Day | Was Fitch Behind It?

Fitch Ratings’ decision to downgrade US credit rat... moreFitch Ratings’ decision to downgrade US credit ratings spooked the Indian markets.

02.08 / 14:11

Provident NIFTY SENSEX Fitch Rupee falls 38 paise to close at 82.60 against US dollar

The rupee fell 38 paise to settle at 82.60 (provisional) against the US dollar on Wednesday on weak domestic equities and elevated crude prices in international markets.

02.08 / 13:57

COST Strategy LinkedIn Fitch Moodys show Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary'

By Davide Barbuscia

02.08 / 13:57

NASDAQ DOW COMPOSITE Fitch Wall St tumbles after Fitch cuts top-tier US rating

(Reuters) — Wall Street's main indexes opened lower on Wednesday after rating agency Fitch's surprise move to downgrade the U.S. government's credit rating hit appetite for risky assets.

02.08 / 13:57

UPS Extreme Parke Fitch show country U.S. Credit Rating Downgraded: How Will It Impact Your Investments?

Are we back in 2011 or what?

02.08 / 13:55

NASDAQ DOW COMPOSITE Fitch US stocks US stocks tumble after Fitch cuts top-tier US credit rating

The Dow Jones Industrial Average fell 78.76 points, or 0.22%, at the open to 35,551.92. The S&P 500 opened lower by 25.80 points, or 0.56%, at 4,550.93, while the Nasdaq Composite dropped 151.19 points, or 1.06%, to 14,132.73 at the opening bell.

02.08 / 12:53

Booking NIFTY SENSEX Fitch VIX show Indian FIIs sell nearly ₹1887 crore in Indian stocks; DIIs pull out ₹2.23 crore - 2 Aug

₹1,877.84 crore, while domestic institutional investors (DIIs) also sold securities for a net total of ₹2.23 crore. The decline was triggered by a sell-off in global markets after Fitch downgraded the US credit rating from AAA to AA+. The downgrade was due to concerns about the US government's rising debt levels and the potential for a recession.

02.08 / 11:57

UPS Starbucks Qualcomm Fitch AMD Fitch downgrades U.S. credit rating, AMD's AI chip plans - what's moving markets

Investing.com -- U.S. stock futures fall after Fitch lowers its U.S. credit rating, flagging worries over Washington's ability to resolve pressing fiscal issues in the wake of a tense debt-limit standoff earlier this year. Elsewhere, semiconductor firm Advanced Micro Devices predicts that the planned launch of its new artificial intelligence chips will drive earnings higher this year, while Starbucks sees demand for its coffee and food offerings slow in North America.

02.08 / 11:57

Siemens Manufacturing DAX Fitch European stocks weaken after U.S. downgrade; risk sentiment hit hard

Investing.com — European stock markets traded lower Wednesday, with risk sentiment hit by the surprise downgrade to the U.S.’s top-tier sovereign rating as well as slowing regional growth.

02.08 / 11:57

NASDAQ DOW Fitch ADP show Dow futures retreat after Fitch downgrade; ADP jobs data due

Investing.com — U.S. stock futures fell Wednesday after the surprise downgrading of the country’s top-tier credit rating by Fitch, while the quarterly corporate earnings season continues.

02.08 / 11:57

COST Starbucks CVS Fitch AMD fall AMD, CVS Health, Yum! Brands rise premarket; Starbucks, Kraft fall

Investing.com — U.S. futures fell Wednesday after the surprise downgrade of the U.S. government's credit rating by Fitch hit sentiment, as the quarterly earnings season continued.

02.08 / 11:57

UPS Manufacturing Strategy Fitch show track Dollar shrugs off Fitch's U.S. credit rating downgrade, yen rallies

By Harry Robertson and Rae Wee

02.08 / 11:45

Fitch Why Fitch Downgraded America's Rating And What It Means For India | Key Details

Why did FITCH downgrade USA's credit rating? What ... moreWhy did FITCH downgrade USA's credit rating? What were the prime factors? How will it effect the Middle class across the world? MINT explains

02.08 / 11:31

Citi Extreme Fitch show country fall Market fall appears to be an excuse to lock in a bit of profit:Jonathan Schiessl

Jonathan Schiessl, Deputy CIO, Westminster Asset Management, says “while there is a risk in the short term of flighty capital moving out of India to lock in some of those gains. But anything more than short term, India still looks fairly well positioned because of these other factors that are at play and are leading to longer-term factors.”Do you think that market was just overheated and looking for an excuse for a correction and that is what is playing out today or could there be a bigger worry that market should not just completely rub off?I would agree that markets have done incredibly well.

02.08 / 11:23

Fitch UAE Dirham-Rupee rate today: INR drops to near one-month vs AED amid weak risk appetite

Against the US dollar, the Indian rupee posted its biggest one-day loss in nearly two months. The rupee ended the day at 82.58 against the US dollar, also weighed down by possibly dollar demand from importers.

02.08 / 11:01

UPS FIVE NASDAQ Fitch Stocks slump following Fitch’s US downgrade

Global stocks dropped as Fitch Ratings’ downgrade of the US sovereign credit grade spurred a rapid retreat from riskier assets.

02.08 / 10:27

Lowe's NIFTY SENSEX Fitch Nestle end Market Wrap: Sensex, Nifty end with deep cuts on all-round selloff; investors lose over ₹3 lakh crore in a day

Fitch Ratings downgrade: Could a cut in US rating mean higher inflows to India, other EMs? Read more: Explained: What is a rating downgrade? And six key reasons why Fitch Ratings downgraded US Sensex opened 350 points lower at 66,064.41 against the previous close of 66,459.31 and plunged about 1028 points to hit the intraday low of 65,431.68. The index closed with a loss of 677 points, or 1.02 per cent, at 65,782.78 while the Nifty ended at 19,526.55, down 207 points, or 1.05 per cent.

02.08 / 10:17

UPS Google Fitch Browser Inside United States' credit rating downgraded after debt ceiling stand-off

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02.08 / 10:03

UPS Fitch performer Indian Indian Overseas Bank Q1 result: Net profit up by 28% to ₹500.35 crore

Indian Overseas Bank Q1 result: The Indian public sector bank reported a 28.4 per cent rise in its net profit to ₹500.35 crore in the June quarter of FY 23-24 against ₹392.3 crore a year ago. The Chennai-based bank reported a minor reduction in its NPA. In the quarter under review IOB reported gross NPA at 7.13%, whereas its net NPA stood at 1.44%.

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