China Gives a Helping Hand to Automobile Industry, ETF

FAN Editor

This article was originally published on ETFTrends.com.

Automaker stocks and car-related ETFs revved up as China considers halving its auto purchase tax to bolster its struggling automobile industry in the wake of the ongoing U.S. trade war. The First Trust NASDAQ Global Auto Index Fund (NasdaqGM: CARZ) gained 1.0% Monday. Among the better performing automakers, General Motors (etftrends.com/quote/GM) was up 2.7% and […]

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