Street Takes S&P Downgrades And Citi Snoozer In Stride, For Now

The S&P 500 could not hold the 1,300 level Tuesday, but given the recent eurozone downgrades from S&P and a soft earnings season from big U.S. banks the fact that stocks rallied at all was something of a surprise.

http://www.forbes.com/sites/steveschaefer/2012/01/17/street-brushes-off-french-downgrade-feeble-bank-earnings-for-now/

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