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Utilities Select Sector SPDR Fund (XLU)
After hours:
| Previous close | 67.51 |
| Open | 67.79 |
| Bid | 67.65 x 800 |
| Ask | 67.77 x 2900 |
| Day's range | 67.25 - 68.04 |
| 52-week range | 54.77 - 69.54 |
| Volume | |
| Avg. volume | 14,957,113 |
| Net assets | 12.36B |
| NAV | 67.52 |
| PE ratio (TTM) | 23.88 |
| Yield | 3.31% |
| YTD daily total return | 6.25% |
| Beta (5Y monthly) | 0.75 |
| Expense ratio (net) | 0.09% |
| Inception date | 1998-12-16 |
Yahoo Finance3 stocks with the biggest gains took April's biggest losses
The stock market's very rough April saw some of the biggest gainers of the first three months take some of the biggest dings to their market caps. And at the same time, some of the sectors that struggled in Q1 saw a similar reversal of fortune in April.
- Yahoo Finance Video
4 best defensive plays according to this portfolio manager
Earnings season — among many other factors — has the stock market (^DJI, ^IXIC, ^GSPC) stressed, resulting in heightened volatility. Tidal Financial Group portfolio manager Michael Gayed joins Wealth! to share his perspective on why investors should adopt a defensive stance through very specific sectors. Gayed, the publisher of The Lead-Lag Report, explains that playing the market defensively involves asking, "How do you lower exposure to the factor that is likely to be most volatile?" He identifies four key areas that not only serve as leading indicators of market volatility but also tend to benefit during such periods: utilities (XLU), gold (GC=F), long-duration Treasurys (^TYX, ^TNX, ^FVX), and the US dollar. Gayed also addresses the market's concerns about geopolitical risks and long-term blowbacks to stocks. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
Utilities: Where AI fits into the future of this sector play
The utilities sector (XLU) has remained nearly flat year-to-date when compared to the massive gains seen in other sectors in 2024, such as technology. Citi Equity Analyst Ryan Levine believes that the utilities sector's poor performance has gone on for too long, pointing to AI as "the real emerging story" that will "create a demand growth for the industry at large." "There's two groups of companies — companies on the regulated utility side and then on the unregulated side," Levine explains to Yahoo Finance. "On the regulated side, companies as you articulate in terms of close proximity to the data center buildout. So we identify Georgia as a state that's very attractive and are recommending Southern Company (SO) on that theme." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
