Today is the first day that most stock exchanges have been open since ratings agency Standard & Poor's announced its US credit downgrade from a AAA rating to AA+. Here’s how world markets have responded so far:
Stocks plunged Thursday continuing the flight from stocks and bonds as traders reacted to news that the Federal Reserve could end its massive bond-buying program. A slowdown in Chinese manufacturing added to Wall Street's worries.
Stocks rose Tuesday after reports on auto sales and factory orders provided the latest evidence that the US economy is strengthening. Health insurer stocks rose after the government released revised reimbursement rates for Medicare Advantage plans.
The last time the New York Stock Exchange was closed for weather was in 1985 because of Hurricane Gloria. It will be the first time since 1888 that the stock exchange closes for two consecutive days because of weather.
Stocks dropped after investors had a mixed reaction to earnings reports from JPMorgan Chase and Wells Fargo. Financial and utility stocks had the biggest declines among the 10 industries in the S&P 500.