Across the pond, European stock ETFs were slightly positive. The Vanguard MSCI Europe ETF (NYSEArca: VGK) was up 1.0% Wednesday.
The Office for National Statistics in the U.K., unexpectedly announced a 0.7% drop in economic growth over the second quarter, the highest lowest decline since 2009. The United Kingdom is hosting this year’s Olympic games, with the Opening Ceremony starting late Friday. [United Kingdom ETF and the Olympics]
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For full disclosure, Tom Lydon’s clients own SPY.
Max Chen contributed to this article.