Trouble In U.S. Reaches Markets, ETFs of Europe, Asia
September 16, 2008 at 17:00 PM EDT
Like a wave moving across the ocean, the turmoil that started in U.S. markets yesterday spread to both Europe and Asia’s exchanges and exchange traded funds (ETFs). The fallout from the collapse of Lehman Brothers (LEH) led to panicked selling of financials in Tokyo. Many of the failed American company’s biggest creditors are based there, says [...]