Utilities slump into bear market as defensive sector suffers historically steep selloff

📆 12/10/2022 21:25:00
📰 MarketWatch

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The utilities sector tumbles into a bear market, extending a historically steep selloff for stocks traditionally seen as a defensive haven.

The utilities sector tumbled into a bear market Wednesday, extending a historically steep selloff for stocks traditionally seen as a defensive haven.

Analysts... The utilities sector tumbled into a bear market Wednesday, extending a historically steep selloff for stocks traditionally seen as a defensive haven. Analysts at Bespoke Investment Group noted that such steep declines for the sector are quite rare, with one-month “crashes” of 20% or more occurring only in March 2020, October 2008, late 2002, and the 1930s.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Real estate investment trusts haven’t worked as a defensive bet this year. Why REITs might continue to underperform, according to Wells FargoInvestors often view real estate investment trusts as a defensive asset in a sinking stock market, but REITS are struggling in 2022 as investors look for...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »