Surprise ECB Rate Cut Doesn’t do Much for Europe ETFs

The European Central Bank unexpectedly cut rates in an attempt to bolster the Euzorone economy. However, investors dumped EU stocks and exchange traded funds Thursday, anticipating an extended period of weakness. The SPDR EURO STOXX 50 ETF (NYSEArca: FEZ) declined 1.3% Thursday. FEZ is up 20.5%...