Baidu shares decline on downbeat guidance and analysts' forecast cuts. Will Baidu-heavy ETFs face the same fate?
Despite the slide, the outlook for the sector is quite promising. This is especially true as S&P 500 Technology Sector Index has clearly outpaced the S&P 500 Index from the year-to-date look.
China's economy has cooled to a 28-year low in 2018. These ETFs have lost the maximum.