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XLP Sep 2024 77.000 call
- Zacks
Consumer Staples ETF (XLP) Hits New 52-Week High
This consumer staples ETF hits a new 52-week high. Are more gains in store for this ETF?
- Yahoo Finance Video
Dow and utilities extend gains, jobless claims: Top Takeaways
Joining Market Domination Overtime, Yahoo Finance Markets Reporter Josh Schafer dissects the day's top trading highlights. The weekly jobless claims data, released on Thursday, soared to its highest level since August 2023, with an addition of 20,000 jobs lost in a single week. The utilities sector (XLU) continues to thrive, propelled by increased investments in energy solutions fueled by artificial intelligence. Additionally, the Dow Jones Industrial Average (^DJI) extended its rally, marking its seventh consecutive day of gains. Amgen (AMGN) emerged as a standout performer, contributing significantly to the index's upward trajectory. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- Yahoo Finance Video
Utilities stocks rally, now outperforming the S&P 500
Coming out of a disorderly April for markets, the utilities sector (XLU) is now outperforming the S&P 500 (^GSPC). Yahoo Finance Markets Reporter Josh Schafer joins the Morning Brief to give his take on the rally appearing in utilities and the consumer staples sector (XLP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
