Wall St Week Ahead-Investors look to utilities to weather any market rout ...Middle East

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Wall St Week Ahead-Investors look to utilities to weather any market rout
source : Devdiscourse ( Middle East ) () 27
Investors looking for ways to protect themselves from a potential market downturn and rising inflation have been warming to utilities, sometimes seen as bond substitutes, as attractive alternatives. The S&P 500 utilities index has outperformed the broader market this month, rising 9.3% so far compared with a 4.3% gain in the benchmark index and leading gains among sectors for March.

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