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[$$] Utilities Stocks’ Appeal Turns Dimmer
Utilities stocks, which for much of this year have beaten the broader U.S. stock market, suddenly are looking shaky as interest rates tick higher and inflation shows some life. The S&P 500’s utilities sector closed Monday at a record, beating the index this year by 3 percentage points. While these stocks rebounded a bit on Thursday, the sector’s year-to-date lead over the S&P 500 narrowed to 1 percentage point.
http://finance.yahoo.com/r/b31c2635...l?ru=yahoo?mod=yahoo_itp&yptr=yahoo&.tsrc=rss
Utilities stocks, which for much of this year have beaten the broader U.S. stock market, suddenly are looking shaky as interest rates tick higher and inflation shows some life. The S&P 500’s utilities sector closed Monday at a record, beating the index this year by 3 percentage points. While these stocks rebounded a bit on Thursday, the sector’s year-to-date lead over the S&P 500 narrowed to 1 percentage point.
http://finance.yahoo.com/r/b31c2635...l?ru=yahoo?mod=yahoo_itp&yptr=yahoo&.tsrc=rss
