India, May 19 -- The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session.
The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating by one notch to Aa1 from Aaa amid concerns over its growing debt and interest costs.
Moody's said the downgrade reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns.
News about the UK and the European Union agreeing to strengthen their cooperation across several key areas post-Brexit, as well as their agreements related to security and defense, fisheries, tra...