Financial ETFs Hit on Bank Exposure to Greek Debt Crisis
June 20, 2011 at 16:04 PM EDT
The Dow rose almost 80 points late Monday but exchange traded funds tracking the U.S. banking sector closed with losses as investors try to sort out lenders’ exposure to Greece’s accelerating debt crisis. For example, Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC) and JP Morgan (NYSE: JPM)...