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Fitch Affirms U.S. AAA Rating
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FBN’s Adam Shapiro on Fitch affirming the U.S. credit rating but revising its outlook to negative.
- Duration 0:51
- Date Nov 28, 2011
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Transcript
This transcript is automatically generated
I'm Adam Shapiro -- Fox Business free speech reaffirmed the triple -- credit rating for the United States but the firm revised its outlook on the long term rating to negative.
The ratings firm says declining confidence in the US government's ability to put finances on a sustainable path that's a major reason for the negative outlook.
Strong sales on Black Friday and hope you're Opel solvent sovereign debt problems send stocks soaring today at the closing bell.
The Dow finished up 291.
Point AT&T'S purchase of T-Mobile we'll have to wait a bit longer this Wednesday status hearing between both companies and the Justice Department.
Has been postponed until December ninth because of the scheduling conflict.
With the court docket.
The DOJ found a lawsuit to stop the deal because of its impact on competition.
That's the latest from the Fox Business Network giving you the power to prosper.
