Global oil prices are under pressure due to no resolution in sight regarding the US-China trade war, ultimately sapping demand for oil and weaker than expected economic data that came out of Europe on Thursday. As a result, U.S crude oil prices had their largest drop of the 2019 on Thurs, oil prices are now below $60 and oil price are at a three month low.
The Energy Select Sector SPDR® Fund seeks to provide an effective representation of the energy sector of the S&P 500 Index. The top holdings include:
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The SPDR Energy Select Sector ETF droppped 3.3% toward a 4
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