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Wall Street ends down, investors step back after Fitch US rating cut

Fitch downgraded the United States to AA from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt. Fitch was the second major agency to cut the country#39;s rating. In 2011 Standard Poor#39;s stripped the country of its triple-A grade.

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​ Fitch downgraded the United States to AA from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt. Fitch was the second major agency to cut the country#39;s rating. In 2011 Standard Poor#39;s stripped the country of its triple-A grade. Fitch downgraded the United States to AA from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt. Fitch was the second major agency to cut the country#39;s rating. In 2011 Standard Poor#39;s stripped the country of its triple-A grade.  Moneycontrol Latest News Read More  

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