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September 01, 2020 10:18am
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Equity Investors Go Defensive with Consumer Staples ETF

Companies that sell basic goods and broad consumer staples sector ETFs are pushing higher as investors hedge their equity bets with a more defensive play. The Consumer Staples Select SPDR (NYSEArca: XLP), the largest ETF tracking the sector, increased 10.0% over the past three months while the...
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