 As the Middle Eastern markets reacted first to the news of the downgraded US government credit rating, Sunday trading resulted in losses in all markets.The EGX30 closed down 4.17% on Sunday, with the Dubai Financial Market closing at 4.4% after plunging more than 5% before rebounding, seeing the Abu Dhabi Securities Exchange fall 2.53% by closing.The Saudi markets experienced early trading losses of 5.46% before recovering and closing at a loss of 0.88%.