Financial News

In Boon For Dividends, Slumping Utilities Could Be Ready to Rebound

The utilities sector usually performs admirably when interest rates are low, but the Utilities Select Sector SPDR (NYSEArca: XLU) is up just 4.80% year-to-date, well behind the 17.67% returned by the S&P 500 Index as a whole, as of June 24. Although XLU, the largest utilities ETF by assets,...
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