Utilities Select Sector SPDR Fund News
NRG Energy Jumps; Goldman Upgrade Reflects Rebound From Storm
NRG expects to grow its retail-customer presence and margins in the second half, Goldman Sachs said, upgrading the power provider.
Utilities ETF's Price Drop Creates Opportunity for a Generous Dividend Yield
The utilities ETF is down nearly 25% over the past five days. This creates a bargain opportunity to buy XLU for its dividend yield of 4.3%.
Flight-to-Safety ETFs for Bonds, Utilities and Gold Have Upside Limits
The ETF for treasury bonds is outperforming ETFs for utility stocks and gold. Avoid the ETF for junk bonds.
Treasury Bond and Utility ETFs Near Risky Levels - Here Are Trades
Book profits on TLT and XLU on strength to February risky levels: $149.28 for TLT and $69.83 XLU. Avoid market volatility with savings accounts at FDIC-insured banks.
Buy Treasury Bonds, Utilities or These Two Dogs of the Dow to Earn Dividends
An investment strategy during volatile times is to focus on dividends. TLT offers a dividend of 2.21%. XLU has a dividend of 2.99%. IBM and XOM have dividends of 5.08% and 4.94%, respectively.
Breaking News
Robinhood Stock Surges, Then Halted, Amid Reports of FTX Takeover Interest
Sam Bankman-Fried's FTX is looking for a path to buy online brokerage group Robinhood, Bloomberg reported Monday.
General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division
"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.
Feds Could Stop Trump SPAC Deal
An investigation by a federal grand jury could halt the proposed SPAC deal with Trump's social media company.
McDonald's Brings Back a Classic Menu Item (with a Catch)
You never know what the fast-food chain might bring back or create a new version of.