Problems Come to a Head in Europe, Stocks Sell-Off
Tweet Send to a Friend
Markets in Europe were lower overnight after the European Union's industrial production in March showed a loss of 0.03 percent, which was a decrease from February, when it grew by 0.08 percent.
Greece failed to form a government over the weekend, which once again highlighted the difficulties the region is facing as pro and anti-austerity camps face off, not just in Greece but throughout the EU. Markets are also coming to terms with the increased likelihood that Greece will exit the European Union, a possibility the market has not fully priced in.
Traders can get access to the European equity market though the European EFT Vanguard MSCI Europe ETF (NYSE: VGK), which is made up of common stocks of companies located in 16 European countries. VGK is trading 1.9 percent lower in early action to $41.95.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Greece failed to form a government over the weekend, which once again highlighted the difficulties the region is facing as pro and anti-austerity camps face off, not just in Greece but throughout the EU. Markets are also coming to terms with the increased likelihood that Greece will exit the European Union, a possibility the market has not fully priced in.
Traders can get access to the European equity market though the European EFT Vanguard MSCI Europe ETF (NYSE: VGK), which is made up of common stocks of companies located in 16 European countries. VGK is trading 1.9 percent lower in early action to $41.95.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Markets Fluctuate on Chatter of Early QE Exit by Fed
- Soros, Others Dump Gold as Metal No Longer 'Safe Haven'
- Gold Sinks Below $1400/oz (GLD) (IAU) (SLV)
Create E-mail Alert Related Categories
ETFsRelated Entities
Vanguard
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
