Oil's recent slide is, not surprisingly, weighing on energy equities and the corresponding exchange traded funds. That includes oil services fare. The VanEck Vectors Oil Service ETF (NYSEArca: OIH) had been on a tear since the start of the second quarter, but the fund is lower by more than 8% over the past week. Oil [...] Read more on ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.