Utilities Slide: Buying Opportunity or Value Trap?
January 09, 2018 at 15:01 PM EST
The Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, faltered late last year and now resides about 10% below its most recent 52-week high, a move that fits the definition of a correction. Rising interest rates and tax reform are among the issues that...