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This Utilities ETF Is Close to Correction Territory
Barrons· 2025-12-12 20:43
Core Viewpoint - Utilities stocks are experiencing a decline, with the State Street Utilities Select Sector SPDR ETF down 0.6% in afternoon trading, indicating a bearish trend in the sector [1] Summary by Category ETF Performance - The State Street Utilities Select Sector SPDR ETF is currently trading at $42.79 [1] - The ETF has decreased by 7.7% from its record high reached in mid-October [1] - If the ETF closes at or below $41.805 today, it will enter a correction phase [1]