No Surprise About the Dragging Energy Sector
August 16, 2017 at 10:47 AM EDT
It is already this year’s worst-performing sector in the S&P 500 by a wide margin, so it is not surprising that some investors expect energy to be a drag on S&P 500 earnings. For example, the Energy Select Sector SPDR (NYSEArca: XLE), the largest exchange traded fund dedicated to...