S&P downgrades Spain - futures down

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Futures down after S&P downgrades Spain...

"(Reuters) - Standard & Poor's on Thursday cut its credit rating on Spain to BBB-plus from A, a two-notch downgrade, citing its expectation the government's budget deficit will deteriorate even more than previously thought due to economic contraction."

S&P cuts Spain ratings two notches to BBB-plus | Reuters
 
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