Russia downgraded to junk status at S&P

• The Russian Federation's credit rating is cut to BB+ with negative outlook from BBB- at Standard & Poor's. This move follows similar action by Moody's last week.
• Previously: Moody’s downgrades Russia to brink of junk (Jan. 18)
• ETFs: RSX, RUSL, RUSS, RSXJ, ERUS, RBL