Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • Bitcoin USD

    64,294.95
    +1,355.79 (+2.15%)
     
  • CMC Crypto 200

    1,383.83
    +71.21 (+5.43%)
     
  • S&P 500

    4,973.68
    -37.44 (-0.75%)
     
  • Dow

    37,945.93
    +170.55 (+0.45%)
     
  • Nasdaq

    15,321.51
    -279.99 (-1.79%)
     
  • Gold

    2,411.00
    +13.00 (+0.54%)
     
  • Crude Oil

    83.16
    +0.43 (+0.52%)
     
  • 10-Yr Bond

    4.6230
    -0.0240 (-0.52%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

Wall Street’s Sentiments Boosted Energy ETFs

Wall Street’s Sentiments Boosted Energy ETFs

On January 3—10, major energy ETFs had the following correlations with US crude oil February futures: the VanEck Vectors Oil Services ETF (OIH): -44.8% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): -43.2% the Alerian MLP ETF (AMLP): -38.2% the Energy Select Sector SPDR ETF (XLE): -22.3%