Political Relief Rally Helps Put Italy ETF Investors at Ease

Italian markets and country-specific exchange traded funds breathed a sigh of relief after a pro-European Union candidate led the polls, alleviating fears of a breakdown of the euro currency bloc and the benefits that more troubled periphery states enjoy. The iShares MSCI Italy Capped ETF (NYSEArca: EWI) surged 6.4% Monday, with underlying Italian markets enjoying…Click to read more at ETFtrends.com.