The euro gives up a chunk of its gains in the wake of the S&P downgrade of Greece, now +0.3%...

|By:, SA News Editor

The euro gives up a chunk of its gains in the wake of the S&P downgrade of Greece, now +0.3% at $1.4353. Already lower on the day, European shares take a new leg down. Stoxx 50 -1.8%. Spanish shares take the biggest hit, -2.0%.