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September 01, 2020 10:18am
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China Gives a Helping Hand to Automobile Industry, ETF

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...
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