Wall Street moves lower on overseas worries

Date: Wed, 24 Mar 2010 12:00:50 -0400

WALL STREET MOVES LOWER ON OVERSEA WORRIES
U.S. stocks fall as a downgrade to Portugal's sovereign credit rating
sparks renewed concerns over the euro zone.

FITCH DOWNGRADES PORTUGAL TO AA-
European stock markets and the euro are reminded on Wednesday that all
is still not well among the region's more troubled economies.

PORTUGAL, U.K. JOINED AT HIP AGAINST BUDGET WOES
Both Portugal and Britain, longtime friends with weak governments, are
facing losing battles against the market to correct their budget woes.

EUROPEAN STOCKS DECLINE AFTER PORTUGAL DOWNGRADE
Bourses in Europe weaken as a downgrade of Portugal's credit rating
reinforces fears that Europe's national finance problems extend beyond
Greece.