|Bid||55.03 x 700|
|Ask||55.04 x 1100|
|Day's Range||54.84 - 55.16|
|52 Week Range||47.84 - 57.23|
|PE Ratio (TTM)||9.05|
|Expense Ratio (net)||0.14%|
On December 13, 2017, ten-year Treasury yields fell to 2.4%. The ten-year Treasury yields (TLT) reported a yearly high of 2.6% prior to the first rate hike in March 2017.
The ADP National Employment Report for November showed 190,000 new jobs added in November compared to 235,000 in October, beating the market expectation of 185,000.
According to a recent report, Citi Investment Research is the largest institutional investor in XLU as of September 30, 2017.
On December 8, 2017, the Utilities Select Sector SPDR ETF (XLU) was trading 1% above its 50-day and 5% above its 200-day moving average.
On December 5, 2017, Dominion Energy stock was trading 3% above its 50-day moving average and 6% above its 200-day moving average.
US utilities have been experiencing flat electricity demand growth for the last several years, driven by increasing energy efficiency initiatives.
On December 1, 2017, the Utilities Select Sector SPDR ETF (XLU) was trading 3% and 6% above its 50-day and 200-day moving average levels, respectively.
Currently, the Utilities Select Sector SPDR ETF (XLU) is trading at a fair premium to its key moving average levels, which highlights its strength.
Alan Valdes, director of floor operations for Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss today's decision from the FOMC about monetary policy.
Alan Valdes, director of floor operations for Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss Federal Reserve Chair Janet Yellen's press conference following the Fed announcement.