July 29, 2008 at 16:00 PM EDT
Crunching the Numbers With Financial ETFs
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 [...]
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