OPEC Meeting Outcome Boosts Energy ETFs
June 22, 2018 at 12:06 PM EDT
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, surged 2.96% over the past day, thanks to the meeting of the Organization of Petroleum Exporting Countries (OPEC). At its meeting in Vienna on Friday, a deal was announced to raise its output to...