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The XLU ETF’s Indicators Last Week versus Top Utility Stocks

Vincent Kruger
The XLU ETF’s Indicators Last Week versus Top Utility Stocks

The Utilities Select Sector SPDR ETF (XLU) has continued to trade close to its peak recently. It closed at $59.63 at last week, almost 1% and 6% above its 50-day and 200-day simple moving averages.…