UTILITIES SEL (NY: XLU )
64.59 UNCHANGED Official Closing Price Updated: 8:00 PM EDT, May 26, 2023 Add to My Watchlist
All News about UTILITIES SEL
ISM Services PMI Misses Expectations: Investors Flock To Treasuries, Defensive Stocks Amid Economic Concerns
April 05, 2023
The increase of economic activity in the United States' services sector slowed in March, with the ISM Services Purchasing Managers' Index dropping from 55.1 to 51.2, falling short of estimates of 54.5....
Recession Playbook In Action: Cooling Labor Market Triggers Rally In Treasuries, Gold; Stocks Decline
April 04, 2023
Recent economic data has prompted investors to hedge against the rising likelihood of a recession. In February 2023, there were 9.9 million job openings, which was the lowest level since May 2021 and...
After A 'Good Run' For Utilities In 2022, Analyst Says 'Trade Is Over – For Now,' But Retains Bullish Bias On These Stocks
January 17, 2023
The utility sector is generally credited as an “all-weather” investment, given its defensive nature and the steady returns it generates in the form of dividends.
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