www.inthemoneystocks.com As we all know by now, the US credit rating was downgraded by Standard and Poors to AA+ from AAA. This news has caused further panic across the markets worldwide. The Asian markets plummeted sharply lower last night. The highly followed and popular Shanghai Index (China) traded lower by 3.78 percent. This index has lead the worlds stock markets over the past few years and now it is starting to lead the stock markets lower. Traders must continue to follow the Shanghai Index very closely over the next few weeks. This morning, the S&P 500 Index e-mini futures are trading lower by 27.75 points to 1170.25 per contract. The leading European markets are all declining lower by more than 2.00 percent across the board. This is going to be an ugly open.
If you want to add your voice and contribute to this existing news event, use the event code
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SMS or MMS message followed by a space then add your contribution (text, image or video). For example:
@13051192 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia.
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