A Tepid View on the Consumer Staples ETF Sector
December 14, 2016 at 10:55 AM EST
The Consumer Staples Select SPDR (NYSEArca: XLP) has started to perk up after a lengthy slumber that saw the once red hot sector falter on valuation and interest rate concerns. Over the past week, XLP is higher by 3.2%, bringing its year-to-date gain to 5.3%. Amid fears of rising interest rates and...