The utilities sector, one of the most sensitive sectors to interest rate hikes, has been subdued this year. The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, has fallen more than 4% year-to-date, while the S&P 500 has risen 3%. Strength in Treasury yields and faster-than-expected interest rate hikes have weighed on utilities this year.
Israel’s presumed counterstrike against Iran has proved Joe Biden and David Cameron wrong in their insistence that Israel should just “take the win”. Instead, it fought back – and yesterday Iran was trying to pretend that nothing had happened.
Passengers on service said they were abused by group on train after men got on at London Bridge
Israel’s strike on Iran on Friday morning will not come as a surprise to Western observers – but it will cause great concern in Washington and London as the region tips closer towards an all-out war.
The megastar is at the heart of a political tug of war — and her breasts are polarising US society. What is really going on, asks Maddy Mussen
Three women, aged between 23 and 42, have been arrested for alleged involvement in prostitution activities that operated via Telegram. Read on.
Cases of colon cancer have risen in younger people by 2% a year since 2011. Knowing the signs and symptoms is crucial for catching it early.
A 23-year-old woman was arrested for suspected involvement in a case of extorting a male victim of S$8,450. Read on.
While Western eyes are fixed on Tehran and Tel Aviv, Ukraine’s frontlines are showing clear signs of crumbling. There is a very real possibility they could crumble this summer if we do not throw the kitchen sink at Russia. Even if we do, it may already be too late for the weapons and munitions long promised by the West to save the day.
All but a small handful of Manchester City players and staff had already retired to the dressing room, dazed and doubtless a little confused about what had just unfolded, by the time Bernardo Silva started his slow trudge off the pitch.
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The top three finishers of the Beijing half marathon are stripped of their medals after an investigation into the controversial result.
Aston Villa booked their place in the Europa League semi-finals in dramatic fashion by winning a drama-filled penalty shootout, where goalkeeper Emiliano Martinez received his second yellow card but was not sent off.
The Lemme co-founder is thankful for her body because it "gave me my 3 big babies and my little baby"
A 39-year-old Singaporean woman was found dead with multiple stab wounds after going missing in Spain, and a Singaporean man has been arrested. Read on.
Snake was comparable in size to extinct Titanoboa, researchers say
Tensions between Israel and Iran have reached new heights as Tehran repeats its warnings that a response to its own missile attack could be lethal for the region
Xiang Yun recounts how she was sexually harassed at seven, and another incident after she had entered the media industry. Read more.
Jürgen Klopp said Liverpool squandered their Europa League chances at Anfield and insisted Mohamed Salah’s wastefulness was not the cause of their exit
For only the eighth time in the past quarter of a century, England finds itself without a single representative in the last four of the Champions League. That feels, in the immediate aftermath of this soul-sapping defeat for Manchester City, like an unvarnished travesty.
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