Despite Falling Oil Prices, These ETFs are Rising
October 14, 2013 at 06:00 AM EDT
Oil futures traded in New York lost 1.75% last week and have traded lower in four consecutive weeks. Over the past month, the U.S. Oil Fund (NYSEArca: USO), which tracks oil futures, has tumbled 5.4%. The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy ETF, is up a mere...