The Traderszone Network

Published in TZ Latest News 20 October, 2014 by The TZ Newswire Staff

European ETFs Plunge As Trouble Hits Region’s Core

Investors in Europe are bolting for the exits. Even as global markets shook in recent weeks, European stocks were hit far harder. The $11 billion Vanguard FTSE Europe (VGK), the largest ETF tracking European equities, tumbled 9% in the past month vs. SPDR S&P 500’s (SPY) 6% loss. Fears swirl around German industrial output. France and Italy face budgetary woes. Greece teeters on political instability.

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