After a bit of positive (or more like the lack of negative news), shares in Europe are rallying on Monday. The move higher is led by the financials, which have been the cause of the drubbing the region has taken.
If you are feeling a bit aggressive this morning and feel the rally will continue there is an ETF made just for you - the iShares MSCI Europe Financials ETF (EUFN).
If you prefer to simply build a new position in the region I would suggest the Vanguard European ETF (VGK) with a dividend yield of 5%.
Personally I think it may be a little early for both ETFs as long-term investments.
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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