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September 01, 2020 1:43pm
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Oil ETFs Rally on Strength in U.S. Jobs, Chinese Manufacturing

Energy sector ETFs surged Friday after crude oil prices rallied in response to the upbeat U.S. jobs data and Chinese manufacturing numbers. On Friday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 4.2%, VanEck Vectors Oil Service ETF (NYSEArca: OIH) jumped 4.9% and...
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