Updated: S&P Cuts U.S. Debt Rating Outlook; Gold Rises Futures Fall Hard

• S&P Affirms US AAA Ratings While Revising Outlook to Negative

(Reuters) – Standard & Poor’s on Monday downgraded the outlook for the United States to negative, saying it believes there’s a risk U.S. policymakers may not reach agreement on how to address the country’s long-term fiscal pressures.

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