Bloomberg News

Most European Stocks Decline After Portuguese Debt Downgrade

July 06, 2011

July 6 (Bloomberg) -- Most European stocks declined, snapping a seven-day rally for the benchmark Stoxx Europe 600 Index, as Moody’s Investors Service downgraded Portugal’s credit rating to junk.

The Stoxx 600 slipped 0.1 percent to 275.26 at 8:06 a.m. in London as three stocks declined for every two that gained.

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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