Utilities ETFs Suffer Amid Longest Sell-Off Since 2002
October 06, 2016 at 16:06 PM EDT
Utilities exchange traded funds plunged over the past two weeks in back-to-back selling, with the sector experiencing its longest rout in 14 years, as traders dumped the bond-esque asset on rising expectations of a Federal Reserve interest rate hike. Since September 22, the Utilities Select Sector...