Bug In The Ointment: VW’s Deception Stalls Car ETF
September 22, 2015 at 16:50 PM EDT
The Volkswagen AG’s emission-test scandal put automobile industry and related exchange traded funds in reverse gear Tuesday. The First Trust NASDAQ Global Auto Index Fund (NasdaqGM: CARZ), which provides access to global automobile manufacturers, dropped 4.0% Tuesday. Auto stocks retreated...