
Stocks struggle after Moody’s downgrades US credit rating | Stock markets newsthirst.
News that the US has lost its last triple-A credit rating and fresh concern over the US federal government’s burgeoning debt pile unnerved markets on Monday, with long-term borrowing costs rising and stocks struggling. Credit ratings agency Moody’s dealt a blow to Washington on Friday when it stripped the US of its top-notch rating, downgrading…