A jump in long-term interest rates has been unkind to US stocks that function as bond equivalents, such as utilities and real estate investment trusts, both down today by about 1%. Dividend-payers in the consumer staples sector, such as Proctor and Gamble and Coca-Cola, also are among the day’s worst performers on the S&P 100. […]
Tag: Utilities
Posted inUncategorized
