Major Institutions’ Woes Drag Down Financials ETFs
September 15, 2008 – The Dow Jones Industrial Average and a whole slew of exchange traded funds (ETFs) are trading sharply lower this morning as a tsunami of trouble hit several large financial firms. Lehman Brothers Holdings (LEH) filed for... Continue Reading »

For Financial ETFs, This Week Could Have Been Worse
September 12, 2008 – Given the troubles with Lehman Brothers (LEH), Washington Mutual (WM), Fannie Mae (FNM) and Freddie Mac (FRE) this week, things could have been a whole lot uglier than they actually have been for financial exchange... Continue Reading »

Trouble In Financial World Weighs on ETFs, Global Markets
September 10, 2008 – Financial exchange traded funds (ETFs) are smack in the middle of a rough week. Lehman Brothers Holdings (LEH) said it plans to sell a majority stake in its investment management unit and spin off commercial real... Continue Reading »

ETFs Around the World Sneeze After Dow Sinks
September 5, 2008 – Wall Street coughed yesterday, and Europe and Asia’s markets and exchange traded funds (ETFs) caught a cold. After the Dow Jones lost more than 340 points, Europe’s FTSE-100, Germany’s DAX and France’s CAC all fell by... Continue Reading »

Financials Ding Markets and ETFs, But Falling Oil Is a Salve
August 12, 2008 – More news about the financial sector sent Wall Street and related exchange traded funds (ETFs) lower, but a further drop in oil prices helped soothe some investors. JP Morgan (JPM) said it had racked up bigger... Continue Reading »

Probe of Citigroup and Others Could Hit Financial ETFs
August 1, 2008 – Citigroup’s (C) imminent charges could wind up packing a wallop for financial exchange traded funds (ETFs). New York Attorney General Andrew Cuomo has said he plans to charge the bank with fraudulently marketing and selling auction-rate... Continue Reading »

Bailout Provisions Don’t Have ETFs Whooping and Cheering
July 30, 2008 – The pen might be mightier than the sword, especially if real estate exchange traded funds (ETFs) have something to say about it. President Bush signed a major housing bill that is meant to provide mortgage relief... Continue Reading »

Bank of America Delivers Goods to Financial ETFs
July 21, 2008 – Financial exchange traded funds (ETFs) are getting off to a solid start this morning after Bank of America announced earnings that were better than expected. The news raised hopes that the wounds of the credit crisis... Continue Reading »