Spain, Italy ETFs Down 3% on Debt Jitters
June 24, 2011 at 11:39 AM EDT
Investors were nervous about Europe’s debt logjam heading into the weekend as exchange traded funds that track Italy and Spain fell by 3% in U.S. trading Friday. Italian banks plunged Friday following a warning from Moody’s that it may downgrade the lenders’ credit ratings. Shares of UniCredit and...