Political Crisis Upends Italy ETFs

MarketsETF Trends

This article was originally published on ETFTrends.com.

Italian markets and country-specific exchange traded funds plunged Tuesday as the prospect of new elections fueled speculation of the potential rise of an anti-euro zone faction. On Tuesday, the iShares MSCI Italy Capped ETF (NYSEArca: EWI) declined 6.3%% and Franklin FTSE Italy ETF (NYSEArca: FLIY) decreased 5.8%. Fueling the anxiety in the Italian markets, six-month [...]

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