– Reuters Citing Sources
Market Volatility Increases Sharply After Fitch Downgrades US Credit Rating
The S&P 500 closed lower for the second straight session on Wednesday after Fitch cut the U.S. government's credit rating to AA+ from AAA.
The ADP said private businesses in the U.S. added 324 thousand workers in July versus a revised 455 thousand rise and surpassing market estimates of a 189 thousand increase.