Aug 8 2011
US stock markets Down after Credit Rating Drop

US stock markets Down after Credit Rating Drop
US stock markets down 2% about 250 points on opening. The market has reversed to down about 1% about 140 points down within 10 minutes of opening.
The stock market could be below 11, 000 before too long.
The international market pressure is taking a toll on trading in general with most trading markets going down.

What can help reverse this downward trend?

Downgrading of the US credit rating. Now AA vs AAA we are no longer. A sad state considering this is the first time in history.

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