Dow Jones Down: US stock markets slump after rating downgrade

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Interest Rates Today . President Barack Obama has defended the American economy, claiming the US is still a triple A country. The markets there don't seem to be in full agreement they've followed the rest of the global economy following Friday's downgrade of American credit. The Dow Jones has lost more than 4 per cent . RT's Marina Portnaya live from New York with the latest.

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