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In a move that sent shockwaves through global markets, Fitch Ratings downgraded the United States’ sovereign credit grade from AAA to AA+. T...
The US stocks were mostly higher on the last trading session of the month, Wednesday, 31 March 2021, with Nasdaq and the S&P 500 finishing higher, helped by window dressing on the final day of the first quarter and report from payroll processor ADP showing strong private sector job growth in the month of March. Meanwhile, President Joe Biden $2.3 trillion infrastructure pitch and the possible impact on growth and inflation also supported market upward momentum. At the close of trade, the Dow Jones Industrial Average index declined 85.41 points or 0.26% to 32,982. The S&P 500 added 14.34 point...