US stock sold off sharply in the morning but held strong and bounced in the afternoon to limit the damage following S&P’s downgrade of France. The S&P finished down only 0.5%. In a blow to the Eurozone, S&P finally followed through with the much-ballyhooed downgrade of France, one notch from AAA to AA, while several other downgrades are expected. Germany, however, is reportedly not…
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