Oil, Copper ETFs Lower After Report Goldman Closes Commodities Trade
April 11, 2011 at 11:57 AM EDT
Exchange traded funds (ETFs) tracking oil and copper moved lower in late-morning trade Monday following a report that influential analysts at Goldman Sachs have closed out a commodities trade they recommended in late 2010. U.S. Oil Fund (NYSEArca: USO) was down more than 1% at last check. “We are...
