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        US's AAA Rating May Be Cut by Fitch on Debt-Limit Fight

        Fitch Ratings has placed US's AAA rating on watch negative.
        The United States triple-A rating could be cut by Fitch. They're now saying that they expect a resolution to the debt limit before the X date, but that there are higher risks, that the debt limit won't be raised or suspended.
        So Fitch now releasing this press statement that they're placing the U.S. triple A rating on rating watch negative. That the brinkmanship among factors in Washington now signal downside risks.
        What happened when US was downgraded
        In 5 August 2011, when Standard & Poor’s, stripped the United States of its prized AAA rating, again due to this debt ceiling issue. $S&P 500 Index(.SPX.US)$ fell by 6.66%.
        US's AAA Rating May Be Cut by Fitch on Debt-Limit Fight
        Hope that they won't downgrade the rating SobSob
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