The largest U.S. exchange traded fund slipped more than 1% Monday as acrimony in Europe weighed on financial markets. SPDR S&P 500 (SPY) had given up 1.32% by half-past noon Eastern time as investors grappled with the specter of a Greek exit from the eurozone. The ETF holds $146.47 billion in assets. Top holdings Apple (AAPL), Microsoft (MSFT)and Exxon Mobil (XOM) fell roughly a percentage point each. Talks to negotiate a deal on the billions of
El Rhazi Otmane ETF. An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
Monday, 29 June 2015
Monday ETF Winners: Gold, Bonds Gain Amid Broad Rout
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The largest U.S. exchange traded fund slipped more than 1% Monday as acrimony in Europe weighed on financial markets. SPDR S&P 500 (SPY) had given up 1.32% by half-past noon Eastern time as investors grappled with the specter of a Greek exit from the eurozone. The ETF holds $146.47 billion in assets. Top holdings Apple (AAPL), Microsoft (MSFT)and Exxon Mobil (XOM) fell roughly a percentage point each. Talks to negotiate a deal on the billions of
The largest U.S. exchange traded fund slipped more than 1% Monday as acrimony in Europe weighed on financial markets. SPDR S&P 500 (SPY) had given up 1.32% by half-past noon Eastern time as investors grappled with the specter of a Greek exit from the eurozone. The ETF holds $146.47 billion in assets. Top holdings Apple (AAPL), Microsoft (MSFT)and Exxon Mobil (XOM) fell roughly a percentage point each. Talks to negotiate a deal on the billions of
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