Utilities Lead Equity Sectors Following Market Selloff

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 54 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 53%

Alphabet Inc Class A ニュース

United States 10-Year,Meta Platforms Inc,The Technology Select Sector SPDR® Fund

Stocks Analysis by James Picerno covering: Alphabet Inc Class A, United States 10-Year, Meta Platforms Inc, The Technology Select Sector SPDR® Fund. Read James Picerno's latest article on Investing.com

Utility stocks have taken the lead in 2024 among US equity sectors following the market sell-off in recent days, based on a set of ETFs through Tuesday’s close .

There has also been a performance reshuffling in other sectors in recent days. Notably, the formerly lagging real estate sector , XLC’s correction has, so far, been comparatively light. As a result, XLC’s year-to-date gain of 15.2% is second only to utilities in 2024. As the payout spread between utilities and Treasuries ebbs and flow, one or the other enjoys a competitive edge for yield-seeking investors. XLU’s trailing 12-month yield is currently 3.01%, according to Morningstar.com. The 10-year yield is still higher, but by a diminished 90 basis points following the benchmark rate’s sharp decline in recent days.

“The start of Fed rate cutting cycles are typically characterized by defensive sector outperformance, similar to the rotation that has occurred during the past week,” advise Goldman strategists in a note published on Monday.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 450. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stocks Look Overbought, But Will It Matter Anytime Soon?Stocks Analysis by James Picerno covering: S&P 500, CBOE Volatility Index. Read James Picerno's latest article on Investing.com
ソース: Investingcom - 🏆 450. / 53 続きを読む »

Will a Goldilocks Economy Keep the Stock Market Humming?Stocks Analysis by James Picerno covering: S&P 500. Read James Picerno's latest article on Investing.com
ソース: Investingcom - 🏆 450. / 53 続きを読む »