Friday, May 1, 2026
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Tag: US credit rating

PH stocks dip on US ratings downgrade

Philippine stocks closed lower Monday, weighed down by Moody’s downgrade of US credit rating from Aaa to Aa1. The Philippine Stock Exchange index (PSEi) shed...

Stocks plunge on US credit downgrade

Local stocks plunged Wednesday, tracking the movement of Asian markets after Fitch downgraded the US credit rating. The Philippine Stock Exchange index lost 110.52 points,...
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