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Energy Sector ETFs Take a Blow as China’s New Tariffs Target Crude Oil

Energy ETFs were among the hardest hit Friday after China revealed its intent to raise tariffs on U.S. goods and particularly singled out crude oil imports. Among the hardest hit ETFs on Friday, the Invesco S&P SmallCap Energy ETF (NasdaqGM: PSCE) declined 6.2% and SPDR Oil & Gas Equipment...
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