U.S.-Traded ETF In First 2012 Drop As Greece Slams Oil: Russia Overnight

February 13, 2012


The Market Vectors Russia ETF (NYSEArca: RSX) lost 3.7 percent last week as crude oil dropped from a three-week high. Oil and other commodities prices fell in response to rising concerns over Greece, according to an article on Bloomberg.

In addition to oil, copper fell the most in two months after eurozone policymakers refused, for now, to approve a second rescue package for Greece, the Bloomberg article said.

Head over to Bloomberg.com for the full story.

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