"Only in America," as Yogi Berra might say. Despite a Moody's downgrade of everything Spanish,...

|By:, SA News Editor

"Only in America," as Yogi Berra might say. Despite a Moody's downgrade of everything Spanish, shares are staging a rally in Madrid. Down 1.6% earlier, stocks are back to flat, apparently boosted by the PM's call for early elections. The rest of Europe remains down 1% or more. Stoxx 50 -1.2%.