Energy ETFs Slide as Coronavirus Resurgence Weighs on Oil Demand
July 09, 2020 at 16:15 PM EDT
Energy stocks and sector-related exchange traded funds were among the hardest hit Thursday as a resurgence in coronavirus cases weighs on the demand outlook. Among the worst-performing non-leveraged ETFs of Friday, the VanEck Vectors Oil Services ETF (NYSEArca: OIH) fell 5.8% and SPDR Oil & Gas...