21.01.2016 - Major Market ETFs in Bear Territory
The ongoing selling pressure has dragged on global markets, with developed market country-specific exchange traded funds falling off as Japan and Europe dip into a bear market. British equities are joining other European markets like Germany, France and Spain in a bear market after Wednesday’s 3.5% decline in the FTSE 100 Index, reports Cecile Vannucci for Bloomberg. The ongoing commodities rout in light of China’s slowdown has dragged on the energy and materials sectors, which account for 17% of the FTSE 100 Index...............................................Full Article: Source
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