June 28, 2012 at 15:15 PM EDT
S&P Downgrades Materials Sector, ETFs
The fundamental outlook for the materials sector is looking dimmer. Exchange traded funds tracking this area of the market have not been able to dodge a downgraded rating from S&P Capital IQ, as the sector is moved to Underweight from Marketweight. According to S&P Capital IQ Global Equity...
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