Energy markets are the worst-performing sector of the day, see which ETFs sold off

  • At the close of trading on Tuesday, U.S. markets finished red across the board. The Dow, S&P 500, and Nasdaq all closed negative on a risk-off day of trading. The energy sector was the market's worst-performing segment.
  • The energy market was the lagging performer as crude oil prices fell to $61.50/bbl and finished at $62.51/bbl.
  • Oil prices which declined on the day, had a lot to due to with the fact that there has been a resurgence of COVID-19 cases in India, the world's third-largest importer of oil.
  • See below a breakdown of the market sectors along with some of the day's worst-performing exchange traded funds.
  • DWA Energy Momentum Invesco ETF (NASDAQ:PXI): -5.81%.
  • S&P Smallcap Energy Invesco ETF (NASDAQ:PSCE): -5.59%.
  • S&P Oil & Gas Eqpt & Services SPDR (NYSEARCA:XES): -5.48%.
  • US Oil Equipment & Services Ishares ETF (NYSEARCA:IEZ): -4.96%.
  • Oil Services Vaneck ETF (NYSEARCA:OIH): -4.80%.
  • Dynamic Oil & Gas Services Invesco ETF (NYSEARCA:PXJ): -4.63%.
  • S&P Oil & Gas Expl & Prod SPDR (NYSEARCA:XOP): -4.50%.

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