Utilities ETFs Could be in For a Rough 2018
January 02, 2018 at 10:54 AM EST
The Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, stumbled to end 2017 with a December loss of almost 7%. Some analysts believe the utilities faces additional challenges in 2018. As the Fed continues raising interest rates, the higher rates will...