Thursday Sector Leaders: Utilities, Consumer Products

June 10, 2016   |   June 2016 Bond Updates
Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, up 0.4%. Within that group, Ameren Corp (NYSE: AEE) and Consolidated Edison Inc (NYSE: ED) are two large stocks leading the way, showing a gain of 2.1% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is up 0.6% on the day, and up 17.72% year-to-date. Ameren Corp, meanwhile, is up 19.32% year-to-date, and Consolidated Edison Inc is up 20.83% year-to-date. Combined, AEE and ED make up approximately 5.6% of the underlying holdings of XLU.

View more at: http://www.forbes.com/sites/dividendchannel/2016/06/09/thursday-sector-leaders-utilities-consumer-products-4/
 
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