VanEck Semiconductor ETF Up On Relaxation of Huawei Restrictions

MarketsETF Trends

This article was originally published on ETFTrends.com.

On Monday, the US Commerce Department announced that it would relax some of the restrictions the United States imposed on the Chinese company last week. The restrictions have made it difficult for American companies to do business with Huawei. The VanEck Vectors/Semiconductor ETF (SMH), which was down considerably on the news last week, has rebounded [...]

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