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Amid U.S. Investing Turbulence, a Sanctuary With Utilities Sector

As U.S. stocks plunged Wednesday, a familiar sector provided some refuge for investors. Utilities and the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, performed significantly less poorly than the broader market Wednesday. Even with concerns about higher interest rates, the rate-sensitive utilities sector has been solid this year as… Click to read more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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