Lingering Concerns for Consumer Staples ETFs
March 28, 2017 at 11:34 AM EDT
The Consumer Staples Select SPDR (NYSEArca: XLP), the largest exchange traded fund tracking the consumer staples sector, is up a tidy 6.3% year-to-date, but there are lingering concerns about the sector’s near-term fortunes. The combination of the expected interest rate hikes by the Federal...