U.S. ETFs swooned Tuesday afternoon, with the major domestic indexes trading in or near correction territory. Global markets sold off on grim factory data from China that suggest the world's second-largest economy may be headed for a hard landing. A grim mood gripped investors on the first trading day of September, with reports of deep cuts in corporate spending in Japan and a sharp drop in exports in South Korea. Meanwhile, the latest data show
Tuesday 1 September 2015
U.S. ETFs Knocked Back Further; China ETFs Gouged
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
U.S. ETFs swooned Tuesday afternoon, with the major domestic indexes trading in or near correction territory. Global markets sold off on grim factory data from China that suggest the world's second-largest economy may be headed for a hard landing. A grim mood gripped investors on the first trading day of September, with reports of deep cuts in corporate spending in Japan and a sharp drop in exports in South Korea. Meanwhile, the latest data show
U.S. ETFs swooned Tuesday afternoon, with the major domestic indexes trading in or near correction territory. Global markets sold off on grim factory data from China that suggest the world's second-largest economy may be headed for a hard landing. A grim mood gripped investors on the first trading day of September, with reports of deep cuts in corporate spending in Japan and a sharp drop in exports in South Korea. Meanwhile, the latest data show
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