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S&P affirms negative outlook on India, says chances of downgrade remain
Ratings agency Standard & Poor's affirmed India's sovereign rating at "BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chance of a ratings downgrade over the next 12 months, a statement said on Friday. Full Article
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Wall Street opens higher after drop on Italian vote
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The Wall Street entrance to the New York Stock Exchange is pictured March 27, 2009.
Credit: Reuters/Eric Thayer/Files
NEW YORK |
NEW YORK (Reuters) - U.S. stocks rose on Tuesday, rebounding from the previous session's steep drop over Italian election results as investors bought beaten-down shares.
The Dow Jones industrial average was up 60.43 points, or 0.44 percent, at 13,844.60. The Standard & Poor's 500 Index was up 6.19 points, or 0.42 percent, at 1,494.04. The Nasdaq Composite Index was up 10.99 points, or 0.35 percent, at 3,127.24.
(Reporting By Angela Moon; Editing by Kenneth Barry)
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