 
                                    Global markets update: US stocks slump after Fitch downgrades US credit rating.
US stocks slumped as Fitch Ratings downgraded the credit rating of the US government, causing European equities to tumble as well.
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                                    US stocks slumped as Fitch Ratings downgraded the credit rating of the US government, causing European equities to tumble as well.
 
                                    ECB expected to raise rates as Fed raises interest rates.