First Trust Germany AlphaDEX Fund stock price today and history
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First Trust Germany AlphaDEX Fund stock price
First Trust Germany AlphaDEX Fund latest news:
Germany ETFs fall after election results suggests political turbulence ahead
Exchange-traded funds that track the Germany stock market fell on Monday, in the wake of an election in the country that suggested political turbulence could be ahead in Europe's largest economy. The iShares MSCI Germany ETF fell 1% in its biggest one-day decline since Aug. 29, though it remains up by 20.3% for 2017. Chancellor Angela Merkel's conservative alliance won the German election; however, the Christian Democrats and their Bavarian sister party saw their worst result since 1949, losing around a fifth of the 41.5% support they garnered just four years ago. Meanwhile, an anti-immigrant party saw a surge in support. Among other funds, the First Trust Germany AlphaDEX Fund fell 1.4% and the iShares MSCI Germany Small-Cap ETF lost 1.1%. The euro fell to $1.1840 from $1.1948 late Friday in New York.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.