Friday, June 24, 2011

US Stock Futures Fall As Worries Circulate About Italian Banks

US stocks and Italian Banks? What is the Italian connection?
Among the possible reasons for the sudden tumble of Italian shares include an unconfirmed rumor that domestic banks undergoing a European-wide stress test won't pass it in July. Moody's also warned that a group of Italian banks face possible ratings downgrades. 

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