Stock, Euro ETFs Higher on ECB Liquidity Measures
Posted on December 08, 2011 at 08:54 AM EST
Exchange traded funds pegged to U.S. stocks and the euro currency jumped on Thursday after the European Central Bank eased reserve requirements for banks and cut interest rates. SPDR S&P 500 (NYSEArca: SPY) rose 0.6% in premarket trading while CurrencyShares Euro Trust (NYSEArca: FXE) also...
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