Amid U.S. Investing Turbulence, a Sanctuary With Utilities Sector

Markets ETF Trends

As U.S. stocks plunged Wednesday, a familiar sector provided some refuge for investors. Utilities and the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, performed significantly less poorly than the broader market Wednesday. Even with concerns about higher interest rates, the rate-sensitive utilities sector has been solid this year as…Click to read more at ETFtrends.com.

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