Trouble Brewing for Materials ETFs
August 18, 2015 at 09:30 AM EDT
Down 5.4% year-to-date, the Materials Select Sector SPDR (NYSEArca: XLB) is already one of the worst performers among the nine sector SPDR exchange traded funds. However, XLB and rival materials funds have given up gains notched earlier this year and witnessed accelerating losses in recent months....
