Flagship ETFs Hit Worst Month In 3 Years; Biotechs Fall

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

The major index ETFs downshifted further Monday, as China and the Federal Reserve have continued to weigh on the stock market. On the last trading day of August, exchange traded funds tracking the S&P 500, Dow Jones Industrial Average and Nasdaq 100 posted their largest monthly losses since 2012. Last week, turbulence in the stock market whipsawed investors even as it intensified worries about a global slowdown and raised doubts about the wisdom