“Stocks and the euro fell Friday in Europe and Asia, and New York was primed for a decline at the opening bell, after Italy’s borrowing costs soared and Hungary’s credit rating was cut to junk by Moody’s Investors Service, adding to the sense that European leaders are losing control of events,” the New York Times reports.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=149231