Utilities Light up the Sector MarketCarpet

Stocks in the utilities sector stood out on Wednesday. As the Sector MarketCarpet below shows, the utilities sector has the most, and darkest, green of the nine sectors (blue outline). Only one square (ED) was red.  This showed broad strength within the sector and it was enough to power the Utilities SPDR (XLU) to a 1.26% gain.

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