Turkey ETF Plunges on Heightened Geopolitical Risks
January 03, 2020 at 17:04 PM EST
The Turkey country-specific ETF was among the worst hit Friday on growing fears of an increasingly bellicose neighbor after a U.S. airstrike killed a top Iranian commander. The iShares MSCI Turkey ETF (NasdaqGM: TUR) declined 3.2% on Friday. Turkish stocks retreated and state-run banks even had to...