Stocks plunge on downgrade fears
All three major U.S. indexes fell roughly 2% Thursday as investors fled the market on fears of slowing global growth and rumors of an imminent Moody’s downgrade of all banks. Business and financial news – CNNMoney.com
Continue Reading →French downgrade fears – The Buzz
The S in S&P stands for Standard. But it might as well be Scrooge if the credit rating agency goes ahead and downgrades the sovereign debt of France and other European nations in the next few days. Business and financial news – CNNMoney.com
Continue Reading →Europe on downgrade watch
France and Austria are seen as the most likely among their Europe neighbors to see their AAA credit ratings downgraded when S&P concludes its review. Business and financial news – CNNMoney.com
Continue Reading →Stocks shave gains on eurozone downgrade fears
U.S. stocks rose Monday but finished below their highest levels of the day, as investors turned cautious following reports that Standard and Poor’s may put eurozone nations on notice for possible downgrades. Business and financial news – CNNMoney.com
Continue Reading →Moody’s reviews Penn State for downgrade
Moody’s Investors Service is reviewing the risk to Penn State’s reputation and finances in the wake of a child sex abuse scandal that has rocked the university. Business and financial news – CNNMoney.com
Continue Reading →Stocks sink after downgrade
U.S. stocks plunged Monday as Wall Street had its first opportunity to react to Standard & Poor’s downgrade of U.S. debt. Business and financial news – CNNMoney.com
Continue Reading →Rating downgrade: Did S&P get it right?
A credit rating is an informed opinion. Nothing more. Nothing less. Business and financial news – CNNMoney.com
Continue Reading →AFTER THE DOWNGRADE
Standard & Poor’s decision late Friday to downgrade the United States’ credit rating sparked fear and many questions: Would stocks tank, first in Asia Sunday night and then in New York Monday morning? Would interest rates on U.S. Treasuries spike higher? Business and
Continue Reading →S&P rating downgrade: FAQ
Credit rating agency Standard and Poor’s made good on its saber-rattling on Friday, and downgraded U.S. debt. Business and financial news – CNNMoney.com
Continue Reading →How the downgrade affects your money
United States bonds are no longer officially rated Triple-A, at least in the eyes of Standard & Poor’s. Business and financial news – CNNMoney.com
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