The Dow Jones Industrial Average shed 49 points to close at 12,422.06 Friday as investors reacted to news that S&P will downgrade both France and Austria’s credit rating and is mulling the same for other eurozone countries.
The Nasdaq had its recent winning streak snapped, falling 14 points to 2,710.67 and the S&P 500 lost 6 points to end at 1,289.09.
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