New Overnight Developments Abroad - Daily Update
First Market Reaction to S&P Downgrades of Europe
January 16, 2012
Trading has been calmer than feared. For one thing, U.S. markets will be closed today for the Martin Luther King holiday, and for another, S&P did not downgrade European country risk ratings as much as some feared. The hope is that European leaders will place even greater urgency now on nailing down the details of […] More
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First Market Reaction to S&P Downgrades of Europe
January 16, 2012
Trading has been calmer than feared. For one thing, U.S. markets will be closed today for the Martin Luther King holiday, and for another, S&P did not downgrade European country risk ratings as much as some feared. The hope is that European leaders will place even greater urgency now on nailing down the details of […] More