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Bourses end lower as downgrades hit banks.
(From FT Investor (Pulses))
Fading gains for Wall Street stocks, added to credit rating downgrades in the German banking sector sent European stock markets lower by the close of play on Tuesday. After spending most of the session modestly higher, the bourses all fell in late trade as US stocks erased their early gains. Standard and Poor's, the ratings agency, added to the gloom after it lowered its ratings on ...
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