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Stocks and the Euro Decline on Portugal Downgrade
New York Times PARIS — European stocks and the euro fell Thursday, giving up earlier gains, after a credit agency cut Portugal's sovereign debt to “junk,” or below investment grade. The decision by Fitch Ratings to cut Portugal's sovereign debt rating … Stocks Fall, Credit Risk Rises on Merkel Comment Stocks Fall, Credit Risk Rises to Record on Merkel Bond Comments Stocks down again as Merkel rules out ECB role |