Oil Services ETFs Among Worst Hit in Risk-Off Selling
This article was originally published on ETFTrends.com.
Despite a brief spike following an attack on Saudi crude tankers, energy services stocks and sector-related exchange traded funds plunged and were among the worst performing areas of the market Monday as crude oil prices retreated on the broad risk-off sentiment. Among the worst performing non-leveraged ETFs of Monday, the SPDR Oil & Gas Equipment [...]