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Friday Sector Laggards: Utilities, Energy

Forbes - 5 Dec 2014 21:46
Friday Sector Laggards: Utilities, Energy Looking at the sectors faring worst as of midday Friday, shares of Utilities companies are underperforming other sectors, showing a 1.1% loss. Within the sector, Duke Energy (NYSE: DUK) and Consolidated Edison (NYSE: ED) are two large stocks that are lagging, showing a loss of 2.5% and 1.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is down 1.2% on the day, and up 23.17% year-to-date. Duke Energy meanwhile, is up 2...
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