Weaker GDP Numbers Sink ETFs
June 25, 2010 at 11:30 AM EDT
The U.S. economy grew in the first quarter, but the growth has been revised slightly downward. Exchange traded funds (ETFs) and the markets are tumbling early on the news. U.S. GDP grew 2.7% in the first quarter, revised downward from the previous estimate of 3% growth and far slower than the...