Tariff Talk Grounds Aerospace & Defense ETFs
April 05, 2018 at 10:36 AM EDT
Aerospace and defense ETFs, including the iShares U.S. Aerospace & Defense ETF (BATS: ITA), are being hampered by increasing trade tensions between the U.S. and China with Boeing Co. (NYSE: BA), a major component in aerospace funds, in the crosshairs. ITA slumped Wednesday “as the industry...