Russia ETFs After S&P Revises Outlook, Warns of Junk Rating
December 23, 2014 at 13:11 PM EST
Shares of the Market Vectors Russia ETF (NYSEArca: RSX) are off 3% in midday trading after Standard & Poor’s placed Russia’s sovereign debt on CreditWatch with negative implications, indicating Russia could lost its already tenuous grasp on its investment-grade credit rating. In April, Standard...