This Utilities ETF Is Close to Correction Territory
Barrons·2025-12-12 20:43

Utilities stocks were taking a beating on Friday.The State Street Utilities Select Sector SPDR exchange-traded fund was down 0.6% in afternoon trading, trading at 42.79.TheETFisdown7.742.79.The ETF is down 7.7% from its record reached in mid-October. If it manages to close at or below 41.805 today, the ETF will enter a correction. ...