Crunching the Numbers With Financial ETFs
Posted on July 29, 2008 at 16:00 PM EDT
As financials continue to struggle, related exchange traded funds (ETFs) may feel the repurcussions. Yesterday, financials continued to decline as Merrill Lynch (MER) shares dropped almost 10%, bringing the entire sector lower amid fears over credit quality and the housing sector. Today, things are looking a little brighter, as most ETFs in the sector are up once [...]