The Twitter-24/7 Wall St. Stock Market Report 5.28.2010 The Wisdom Of Crowds?

Just in time for the US three-day Memorial Day weekend, Fitch has downgraded Spain’s long-term foreign and local currency issuer default ratings to AA+ from AAA.  The news wrecked the American market pushing down stocks 1.1% in light afternoon trading. The Spanish government recently released data the it would miss its GDP forecasts. It said [...]

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