UPDATE: US Markets Bounding Back After S&P Slap


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Update: US markets are making a move into positive territory. Maybe it will be a quiet day?Original post: Pretty much everything is lower following that big warning from S&P.

Nothing too dramatic, just consistent.

France is down 0.78%. Same with Germany. Italy is off 0.48%.

US futures are down jut a bit.

Mitigating things perhaps: Reports of a glimmer of hope in the debt ceiling fight, with the GOP coalescing around the McConnell plan.

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