Shares of financial stocks are trading lower amid negative market sentiment after Fitch downgraded the long-term credit rating of the U.S.
Portfolio Pulse from Benzinga Newsdesk
Financial stocks are trading lower due to negative market sentiment following Fitch's downgrade of the U.S. long-term credit rating.
August 04, 2023 | 12:02 pm
News sentiment analysis
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NEGATIVE IMPACT
Allstate Corp's stock may be negatively impacted by the downgrade of the U.S. credit rating.
As a financial stock, Allstate Corp is likely to be negatively impacted by the downgrade of the U.S. credit rating, which has led to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Brookfield Asset Management's stock may be negatively impacted by the downgrade of the U.S. credit rating.
As a financial stock, Brookfield Asset Management is likely to be negatively impacted by the downgrade of the U.S. credit rating, which has led to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
BN stock may be negatively impacted by the downgrade of the U.S. credit rating.
As a financial stock, BN is likely to be negatively impacted by the downgrade of the U.S. credit rating, which has led to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Blackstone Group's stock may be negatively impacted by the downgrade of the U.S. credit rating.
As a financial stock, Blackstone Group is likely to be negatively impacted by the downgrade of the U.S. credit rating, which has led to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50