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Close Call, UK

|Includes:EUO, iShares MSCI United Kingdom ETF (EWU), FKU

But not out of the woods yet. Although S&P affirmed its AAA rating of the U.K., the outlook remains negative, meaning that there is a significant chance the U.K. could lose its AAA rating in the near future. As noted by S&P in a statement, there is "at least a one-in-three chance that we could lower the ratings if the UK's economic and fiscal performances were to weaken beyond our current expectations."

Stocks: EWU, FKU, EUO