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Best And Worst ETFs Of The Week Amid Energy Deflation

Benzinga.com
0 Comments| December 13, 2014

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The stock market hit a speed bump this week as plunging crude oil prices continued to pressure the energy sector. The benchmark Energy Select Sector SPDR (NYSE: XLE) fell to its lowest levels of 2014 on Friday and is now down more than 16 percent this year.

This deflation in energy stocks finally made a dent in the broad market as well, with the SPDR S&P 500 ETF (NYSE: SPY) dropping more than 2 percent this week. The recent volatility now puts in question the prospect of a Santa Claus rally to close out the year on a positive note.

The following ETFs represent a sample ...

/www.benzinga.com/trading-ideas/long-ideas/14/12/5077763/best-and-worst-etfs-of-the-week-amid-energy-deflation alt=Best And Worst ETFs Of The Week Amid Energy Deflation>Full story available on Benzinga.com

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