There was some speculation that they would cut the rating S&P has affirmed Italy’s rating at BBB.  They continue to keep the outlook negative.   They said: could lower ratings if government debt to GDP fails to shift onto clearly discernible downward path over the next 3 years could lower ratings if there is market deterioration
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The Nasdaq lags a bit The major US stock indices are opening with modest gains. The NASDAQ is lagging with a modest 0.9% rise 6 minutes into the new day. The snapshot currently shows: S&P index up 10.09 points or 0.36% at 2807.89 Nasdaq index up 8.923 points or 0.10% at 8503.67 Dow up 104.42 points or 0.44% at 23619.68 in
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