Fitch has kept the U.S. credit rating at AA+. The agency is concerned about rising debt. But the large economy and the dollar’s global role support the rating. High deficits and debt are problems. Tariff revenues may help this year. Fitch expects deficits to rise long term. The U.S. rating outlook is stable. S&P Global also maintained its AA+ rating.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking