US DEBT OUTLOOK: Standard & Poor's Ratings Services upgraded its outlook Monday for the U.S. government's long-term debt. It raised its outlook to "Stable" from "Negative," suggesting it's less likely to downgrade U.S. debt in the near future. Full story
Jeff Carter, Pointsandfigures.com, says the market seems to be rallying for all the wrong reasons. Also, S&P revised the U.S. credit rating to "stable," but Carter says they're using an accounting template to make their analysis, instead of an economic...
NEW DELHI (Reuters) - There is no case for downgrading India's sovereign credit rating, Economic Affairs Secretary Arvind Mayaram told the news channel ET Now on Monday, after Standard & Poor's reiterated its negative outlook on the country's credit rating. Full story
Moody's has downgraded the U.K. credit rating to AA1 from AAA with a stable outlook, reports CNBC's Josh Lipton.