Trade Gap Widens On Surging Oil And ETFs Gain
Posted on June 11, 2008 at 05:20 AM EDT
Stocks and exchange traded funds (ETFs) are all mixed up this morning as the trade deficit rose to its highest point in more than a year, thanks to oil prices. The gap between what the nation imports and what it sells overseas rose by 7.8%, to $60.9 billion. It’s the largest imbalance since March of last [...]