France ETF Falls 7% on Downgrade, SocGen Rumors
August 10, 2011 at 15:58 PM EDT
An exchange traded fund that invests in France fell about 7% on Wednesday in U.S. trading amid speculation the country may lose its triple-A credit rating and talk that Societe Generale was in trouble. However, the three major credit ratings agencies affirmed France’s credit rating, Voice of...