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Italy ETF Faces More Challenges

The iShares MSCI Italy Capped ETF (NYSEArca: EWI) continues struggling. EWI, the largest ETF dedicated to stocks in the Eurozone’s third-largest economy, slid nearly 6% in August, bringing its year-to-date loss to about 11%. At least one major ratings agency is taking a pessimistic view of Italy....
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