Financial News

Energy ETFs Retreat on Exxon Q1 Results, Trump Oil Remarks

Energy ETFs retreated Friday after Exxon Mobil (NYSE: XOM) reported first-quarter profits plunged almost 50% year-over-year and President Donald Trump said he called on the Organization of Petroleum Exporting Countries to lower crude prices. On Friday, the Energy Select Sector SPDR (NYSEArca: XLE)...
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