Dividend Hunters Pounce on Beaten-Down Utilities ETFs

Utilities ETFs were the only U.S. sector in the green during Monday’s 100-point Dow sell-off with some analysts saying the sector’s recent plunge on concerns over tax hikes is overdone. Utilities Select Sector SPDR (NYSEArca: XLU) was up 1.5% in morning action. It was the only one of the nine...