Moody's hikes U.S. rating outlook to stable

SAN FRANCISCO (MarketWatch)
Moody's Investors Service on Thursday raised its outlook on the U.S. to stable from negative and affirmed the country's triple-A sovereign rating
"The action reflects Moody's assessment that the federal government's debt trajectory is on track to meet the criteria laid out in August 2011 for a return to a stable outlook, removing the downward pressure on the rating," said Moody's in a statement
The ratings agency also noted that the U.S. economic growth, although moderate, is expanding at a faster rate than its other triple-A rated peers and has demonstrated resilience