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Europe Sprints Into New Year (EWP, IEV, EWI, EWG, VGK)

Devon Layne


Major European indexes and ETFs gained sharply as 2012 got under way, according to an article on the Wall Street Selector .

Germany begins 2012 with gains in the DAX, and the iShares MSCI Germany Index Fund (NYSEArca:EWG - News) was up more than 4 percent by midday Tuesday.

The Vanguard European ETF (NYSEArca:VGK - News) was trading up 3 percent, and the iShares S'P 350 Index (NYSEArca:IEV - News) gained 3 percent.

Spain continues to struggle, with reports stating that unemployment remains close to 20 percent and that its budget deficit could reach higher than 8 percent of its gross domestic product.

Head over to WallStreetSelector.com for the full story.

 

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