Stocks Higher Despite Italy Downgrade
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Late Monday, Standard & Poor's downgraded Italy to A/A-1 from a A+/A-1+, citing the country's "weakening economic growth prospects."
European stocks rose despite the downgrade. The DAX is up 2% and the FTSE is up 1.25%.
U.S. stock futures are also higher in early going. Dow Jones futures are up 89 and S&P 500 futures are up 9.
European stocks rose despite the downgrade. The DAX is up 2% and the FTSE is up 1.25%.
U.S. stock futures are also higher in early going. Dow Jones futures are up 89 and S&P 500 futures are up 9.
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