Monday, April 18, 2011

Rating Agency Changes Outlook on U.S. Debt

Stocks fell following Standard and Poor's announcement of a change in outlook on U.S. government debt. Falling 1.1%, the need for budget cuts and resolution on the debt ceiling was factored in.

Wall Street Journal, April 18, 2011
Release: S&P Cuts U.S. Ratings Outlook to Negative

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