What a U S credit downgrade means for taxpayers and consumers nbcnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnews.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) European stocks gained on a busy day of earnings reports and ahead of an interest rates decision from the region’s central bank, while traders increasingly bet that the Federal Reserve is close to the end of its tightening cycle. Barclays Plc shares slumped after its second-quarter trading revenue fell 41%.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DaySubway Offers Free Sandwiches That Come With a Lifetime CommitmentFed Raises Interest Rates to
Stock prices in London closed higher on Tuesday, with hopes of stimulus measures in China adding impetus, before focus turns to the Federal Reserve, which announces its latest interest rate decision.