Economy/Business News Alert: U.S. stock markets drop amid concerns over U.S. credit rating, escalating debt crisis in Europe

---------------------------------------- Economy/Business News Alert: U.S. stock markets drop amid concerns over U.S. credit rating, escalating debt crisis in Europe August 8, 2011 9:36:42 AM ---------------------------------------- U.S. stock markets dropped 2 percent at opening on Monday, continuing a bitter string of declines in global markets. The drop came despite pledges of action by world leaders and a radical move by the European Central Bank to ease fears of an escalating debt crisis in Europe by buying up the troubled debt of Italy and Spain. For more information, visit PostBusiness.com ---------------------------------------- Get a unique daily review and analysis of the debt, deficit and economy debate. Sign up for Behind the Government Showdown: http://www.washingtonpost.com/ac2/wp-dyn?node=admin/email/express&action=subscribe&newsletter_code=GVTSHTDN ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071