The iShares MSCI Europe Financials Sector Index Fund (NYSEArca: EUFN) fell sharply over the summer as Europe’s debt crisis heated up, but has bounced about 9% over the past month.
ETFs indexed to U.S. financial stocks lost ground Thursday after disappointing earnings from JP Morgan (NYSE: JPM). [Financial ETFs Drag on Market]
Group of 20 finance officials are considering giving the IMF more firepower to address the Eurozone debt crisis, according to reports. [Stock ETFs Set to Rise]
Tisha Guerrero contributed to this article.
