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This International Fintech Battle Just Heated Up

TheMotleyFool

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This International Fintech Battle Just Heated Up: https://g.foolcdn.com/editorial/images/742491/brazil-e-commerce-gettyimages-1127541748.jpg

Wednesday was a shock to the stock market, with most market commentators pointing to Fitch Ratings' downgrade of U.S. government debt as the catalyst for a broad move lower for stocks. Declines of 1% to 2% for the Dow Jones Industrial Average (DJINDICES: ^DJI), Nasdaq Composite (NASDAQINDEX: ^IXIC), and S 500 (SNPINDEX: ^GSPC) showed how widespread the pressure was on markets.

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Daily Percentage Change

Source Fool.com