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NYSE · Utilities

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$93.98
+0.23 (+0.25%)
As of Mar 24, 9:32 PM ET ·
SO News2 articles
Utilities Sector Surges on Falling Bond Yields, Key Fed Data Ahead
The utilities sector outperformed Friday, with the Utilities Select Sector SPDR Fund (XLU) climbing 2.8% to $46.50 as Treasury yields declined following mild inflation figures. Key earnings and regulatory approvals bolstered individual stocks.
Markets
Utilities Sector Edges Higher Amid Key Economic Data Watch
The utilities sector posted modest gains last week, underperforming the broader market rally. Investors are focused on upcoming inflation and jobs reports, along with earnings from Duke Energy, which could influence bond yields and sector performance.
Markets