Monday, August 8, 2011

BREAKING NEWS: Stock Futures, Global Shares Sink After Downgrade

U.S. stock futures followed global shares sharply lower on Monday morning, extending the worst weekly rout since 2008, on the heels of Standard & Poor's downgrade of America's credit rating. With an hour before the opening bell, Dow Jones Industrial Average futures tumbled 204 points, or 1.8%, to 11,197.


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