Markets Making Huge Comeback, As Post-Downgrade "Crash" Almost Totally Gone


race car red nascar

It's still hours and hours before the US gets to the opening bell, but for now the impact of the downgrade is already looking quite muted.

Again, it's early. Anything can happen once the US really gets revved up but at the moment, US futures are off less than 1%.

That compares to selling of closer to 3% in the very early hours of Asian trading last night.

Europe, which saw a brand new "bailout" by the ECB announced last night is seeing an across the board rally.

Italy's FTSE MIB is up 3.7%. France is up 1.1%. Spain is up 3.5%.

Please follow Money Game on Twitter and Facebook.

Join the conversation about this story »

See Also:

Source: http://feedproxy.google.com/~r/businessinsider/~3/DR1JmzB5P_s/morning-markets-august-8-2011-8

debt negotiation companies debt payment calculator debt planner debt ratio calculator