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XLE - President Trump pledges support for oil industry amid COVID-19
SPDR Select Sector Fund - Energy Select Sector
During a meeting yesterday at the White House with nine oil industry honchos, President Trump promised that the government would help revive the embattled sector in light of the COVID-19-stoked pressure on prices, down 50% since the start of the pandemic, although he said the companies did not ask for a bailout.
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