Energy Sector ETFs Plunge as Trade Tensions, U.S. Inventories Deal a Double Whammy
May 23, 2019 at 15:44 PM EDT
Energy sector exchange traded funds were among the worst performers Thursday as heightened trade risks concerns fueled bets of diminished oil demand from a global economic slowdown and updated data revealed rising U.S. crude inventory levels. Among the hardest hit ETFs, the Invesco S&P SmallCap...