BUI - Utilities finally push higher following record-long rout

The S&P 500 Utilities Index (XLU +2%) jumps to the top of the S&P sector standings after snapping a 14-day rout, the index's longest slide ever. Utility stocks are particularly vulnerable to interest rate changes, and Treasury yields are pulling back today after surging in recent days. Among today's top performers in the group, Sempra Energy (SRE +3.5%), Atmos Energy (ATO +2.2%) and Dominion (D +2.2%) are bouncing off their lowest levels since early March. Other notable gainers include ED +2.4%, CMS +2.2%, NEE +2.1%, AWK +2%, DUK +1.9%, PEG +1.7%, SO +1.6%, AEP +1.6%. ETFs: XLU, UTG, VPU, BUI, GUT, FUTY, IDU, RYU, FXU, UPW Even with today's gain, the utilities sector is up just 2.7% YTD, at the bottom of this year's leaderboard. Seeking Alpha contributor Retired Investor says utilities are no longer your grandmother's investment, as risks associated with climate change and unfriendly regulatory bodies merit a

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Utilities finally push higher following record-long rout