(Bloomberg) LONDON – Fitch Ratings lowered Portugal’s long-term rating to BB+ from BBB- with a negative outlook, while Moody’s Investors Service cut Hungary’s foreign- and local-currency bond ratings to Ba1 from Baa3 yesterday.
Dow Jones Industrial Average futures expiring the same month lost 67 points, or 0.6 percent, to 11,167. U.S. equity markets will reopen today after yesterday’s Thanksgiving break.