U.S. Government Shutdown Fears Cast Shadows Over Financial Markets
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The U.S. government is on the brink of another potential shutdown that could occur as early as 1st October if lawmakers from both the Republican and Democratic parties don't reach an agreement before then. Predictably, the uncertainty surrounding a resolution is weighing down on the markets. The S&P 500 has dipped 2.28% over the past week. Moody's credit rating agency has also warned that a government shutdown could affect the U.S. government's AAA credit rating.
U.S. Government Shutdown Fears Cast Shadows Over Financial Markets
U.S. Government Shutdown Fears Cast Shadows…
U.S. Government Shutdown Fears Cast Shadows Over Financial Markets
The U.S. government is on the brink of another potential shutdown that could occur as early as 1st October if lawmakers from both the Republican and Democratic parties don't reach an agreement before then. Predictably, the uncertainty surrounding a resolution is weighing down on the markets. The S&P 500 has dipped 2.28% over the past week. Moody's credit rating agency has also warned that a government shutdown could affect the U.S. government's AAA credit rating.