The markets again snubbed Standard & Poor's and its rating downgrades of France and several other European nations, choosing instead to focus on better-than-expected economic data in China that could stimulate global economic growth. In addition, a drop in inflation in Europe could allow the European Central Bank to cut rates. Just after 10 a.m. EST, the Dow Jones Industrials
Among Dow stocks, JPMorgan Chase was the only loser, down more than 1%. Rival Citigroup
On the plus side, both United Technologies
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