Energy ETFs Retreat on Exxon Q1 Results, Trump Oil Remarks
April 26, 2019 at 15:42 PM EDT
Energy ETFs retreated Friday after Exxon Mobil (NYSE: XOM) reported first-quarter profits plunged almost 50% year-over-year and President Donald Trump said he called on the Organization of Petroleum Exporting Countries to lower crude prices. On Friday, the Energy Select Sector SPDR (NYSEArca: XLE)...