A Sector ETF Taking an Indirect Hit from Low Oil
January 27, 2016 at 15:45 PM EST
The sell-off in the oil markets has weighed on capital spending from the energy sector as producers hold off on new projects, pressuring U.S. industrial companies and sector-related exchange traded funds. Over the past year, the Industrial Select Sector SPDR (NYSEArca: XLI) declined 10.8%, Vanguard...