AP – DOWNGRADE THREATS: World markets sank overnight after Standard & Poor’s said it might downgrade 15 nations that use the euro, including AAA-rated Germany. S&P also threatened to downgrade Europe’s main bailout fund, which is propping up weak nations such as Greece and Portugal.
View full post on Yahoo! News: Stock Markets News
Read More »
AP – World stock markets were mostly lower Friday after Germany continued to oppose a bigger role for the European Central Bank in managing the continent’s debt crisis and Portugal’s credit rating was lowered to junk.
View full post on Yahoo! News: Stock Markets News
Read More »
AP – Asian stock markets were mostly lower Friday after Germany continued to oppose a bigger role for the European Central Bank in managing the continent’s debt crisis and Portugal’s credit rating was lowered to junk.
View full post on Yahoo! News: Stock Markets News
Read More »AP – Asian stock markets were mostly lower Friday as the results of a meeting among leaders of Europe’s biggest economies disappointed investors and Portugal’s credit rating was lowered to junk.
View full post on Yahoo! News: Stock Markets News
Read More »AP – A NEW PLAN: European officials say they’ll give Greece a new package of rescue loans. They also plan to lower interest rates and lengthen payback terms on existing loans for Greece, Ireland and Portugal.
View full post on Yahoo! News: Stock Markets News
Read More »AP – IRELAND DOWNGRADED: A late-day downgrade of Ireland’s debt to junk, or speculative status by Moody’s sent stocks lower Tuesday. Moody’s already downgraded the debt of Greece and Portugal to junk.
View full post on Yahoo! News: Stock Markets News
Read More »AP – SPAIN AND ITALY: Stocks closed at their lowest level yet this month on fresh fears that Europe’s debt crisis would spread beyond Greece, Portugal and Ireland to the much larger economies of Spain and Italy. Spanish and Italian bank stocks plummeted.
View full post on Yahoo! News: Stock Markets News
Read More »
Reuters – Stocks bounced off session highs on Wednesday after investors shrugged off a downgrade of Portugal’s credit rating and an interest-rate hike in China.
View full post on Yahoo! News: Stock Markets News
Read More »
