Germany ETF Down 6% on Greek Referendum
November 01, 2011 at 08:21 AM EDT
An exchange traded fund indexed to German stocks was down 6% in U.S. premarket trading Tuesday after Greek Prime Minister George Papandreou called for a referendum on the bailout. The iShares MSCI Germany (NYSEArca: EWG) fell 6% before the bell amid reports of anger in Germany over the Greek...