British stocks plunge over U.S. credit downgrade
LONDON, Aug. 2 (Xinhua) -- British stocks plunged on Wednesday morning after credit ratings agency Fitch downgraded the U.S. government's credit rating.
The FTSE 100 index, the leading benchmark for blue chip companies listed in Britain, slumped by more than 1.8 percent to 7,522.24 for some time. Endeavour Mining and retailer Ocado Group were among the worst performers.
Fitch, one of three major independe