U.S. and European bourses fell on the downgrade of the U.S. credit rating

The main stock indices of the United States and Europe ended in the red zone. trades in the red zone. Pressure on them was exerted by the recent downgrade Fitch agency downgraded the U.S. credit rating, reports the agency "Prime".

At the end of trading Dow Jones fell by 0.98%, S&P 500 - by 1.38%, Nasdaq - by 2.17%. German DAX and British FTSE 100 lost by 1.36%, French CAC 40 - 1.26%.

Earlier, Fitch downgraded the credit rating of the United States from AAA to AA+, which means that they are less likely to repay their debts. The agency cited the fact that governance in the country has deteriorated just two months after the authorities reached an agreement to expansion of the limit of state debt to avoid default, reports Business Insider. Over the past two decades, the quality of governance has continuously declined, the agency notes, which concerns, among other things, fiscal and debt management. fiscal and debt areas, among others. The increasing amount of government debt of the country also raises concerns, as does the long-term prospects of social and health insurance programs, according to Fitch.