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Wall St tumbles after Fitch cuts top-tier US rating
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(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.
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.
Read more on investing.comAbout this in other media
Indices tank 1% after Fitch spoils mood on Street economictimes.indiatimes.com /1 year ago
Global markets update: US stocks slump after Fitch cuts US credit rating livemint.com /1 year ago
Fitch cuts US credit rating to AA+; Treasury calls it 'arbitrary' investing.com /1 year ago
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