April 13, 2012 at 11:31 AM EDT
EWY Lower After Failed North Korea Missile Launch
A $3.3 billion ETF indexed to South Korea’s market traded lower Friday following news a rocket launched by its northern neighbor exploded over the Yellow Sea. The iShares MSCI South Korea (NYSEArca: EWY) was down 0.6% in midday trading. Other ETFs that invest in this market include IQ South Korea...
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