Markets

Energy ETF Rally: About More Than Just Iran

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The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy ETF, rose 4.5% last week and is higher by nearly 9% over the past month. While some market observers attribute the energy sector's recent bullishness to the U.S. departing the Iran nuclear agreement, there are other factors at play. Some market participants believe energy [...] Read more on 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.

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.

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