US markets opened higher this afternoon after shaking off losses sparked by yesterday's surprise Standard & Poor's downgrade of the outlook for US debt.
The Dow Jones index opened 0.36% higher, recovering 44 points to 12,246, while the S&P 500 climbed 0.33% to 1,309. The Nasdaq climbed 0.34% to reach 2,745. European markets have also rallied today, with the FTSE 100 climbing 0.67% to 5,910, after posting a 2,1% loss yesterday. The French Cac gained 0.85% to 3,914 and the German Dax rose 0.53% to 7,064. The price of Brent Crude continued its slide, falling to $119.93 as investors move out of risky assets. It had dropped 0.17% to $121.40 this morning. Yesterday the S&P 500 fell the most in a month following the cut from stable to neg...
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