Renewable Energy Providing Catalyst for Utilities Sector
September 20, 2022 at 08:00 AM EDT
The utilities sector is usually vulnerable to rising interest rates and high inflation – the exact scenarios investors are contending with this year. Yet, the sector is a shining star in 2022. The Utilities Select Sector SPDR Fund (XLU), the largest exchange traded fund dedicated to utilities stocks, entered Monday down 4.04% year-to-date, which is [...] The post Renewable Energy Providing Catalyst for Utilities Sector appeared first on ETF Trends .