Utilities ETFs Could be Rebound Candidates
February 12, 2018 at 14:39 PM EST
Even with last Friday’s rally, the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, remains is lower nearly 8% year-to-date and labors more than 15% below its 52-week high. As the Fed continues raising interest rates, the higher rates will make...