Stock, Euro ETFs Fall in Risk-Off Trade
June 23, 2011 at 08:44 AM EDT
U.S. stock exchange traded funds fell Thursday morning after the previous session’s late-day slide as a lower economic outlook from the Federal Reserve and European debt rumblings darkened the mood. SPDR S&P 500 ETF (NYSEArca: SPY) was down 1% in premarket trading Thursday. In currency markets,...