Utilities Select Sector SPDR ETF (XLU)
NYSEArca - NYSEArca Real Time Price. Currency in USD
- Barrons.com•2 days ago
“Clowns to the left of me, jokers to the right.” Those may not have been the lyrics running through the head of Federal Reserve Chair Janet Yellen last week at the annual policy symposium in Jackson Hole, Wyo., but it might be understandable to have had thoughts along those lines. Before the official proceedings, senior central bank officials held an extraordinary meeting with members of an activist group, Fed Up, who argued against interest-rate hikes. Rate increases could slow the decline in unemployment and hamper progress for African-American and Hispanic workers.
- Market Realist•3 days ago
Given the sharp rally during the past six months, major water utilities are trading at huge premiums compared to their historical valuation multiples.