FLYT News and Press, Direxion Flight to Safety Strategy ETF From 02/03/21

Central banks, the Federal Reserve in particular, have really pivoted its policy approach to let inflation, if it were to start to pick up, to let it run a little bit hotter than maybe they have in prior cycles. Each energy cycle, I think, has played a part in influencing how investor...

The utilities group tops today's S&P sector leaderboard , as disappointing jobs data helped push U.S. Treasury yields to a fourth straight daily decline. More news on: Utilities Select Sector SPDR ETF, Exelon Corporation, NiSource Inc., Energy stocks news, Stocks on the move, News on ...

With the US 10-year Treasury rate still within striking distance of its all-time low of 0.54% from March, the search for yield has intensified for income seekers. Investors have historically turned to energy infrastructure and utilities for their high income, and while these sectors share many...

North American power markets will see disruptions lasting 18 months or more due to the coronavirus and the economic impacts of a shuttered economy, Utility Dive reports, citing a new analysis from Wood Mackenzie. More news on: Utilities Select Sector SPDR ETF, Reaves Utility Income Fun...

Some of the biggest U.S. utilities (NYSEARCA: XLU ) have arranged for more than $14B in cash and credit by selling bonds, entering into new credit facilities or drawing on existing lines to boost liquidity, Bloomberg reports. More news on: Utilities Select Sector SPDR ETF, American Elect...

The S&P utilities sector ( XLU +5.5% ) is the leading performer in today's advance, extending this week's gain to 13% while trimming its Q1 loss to 17%. More news on: Utilities Select Sector SPDR ETF, Edison International, Sempra Energy, Energy stocks news, Stocks on the move, News o...

The unusually weak performance in the utilities sector ( XLU -6.9% ) - sinking 17% over the past week - is drawing attention, considering the group generally is regarded as a defensive-oriented, counter-cyclical sector. More news on: Utilities Select Sector SPDR ETF, Dominion Energy, Inc...

The U.S. electric industry may ask essential employees to live on site at power plants and control centers to keep operations running if the coronavirus outbreak worsens, Reuters reports, citing industry trade groups and electric cooperatives. More news on: Utilities Select Sector SPDR E...

The utilities sector ( XLU +10.5% ) is today's clear market leader, as stable higher-yielding companies begin to attract investors in a volatile market trying to rebound from heavy selling. More news on: Utilities Select Sector SPDR ETF, Edison International, Xcel Energy Inc., Energy sto...

Utilities stocks, normally the safest and most boring of all equity investments, were hardly a refuge from the market's stormy week - in fact, the group was today's weakest performer, suggesting investors were trying to raise cash, which also was the likely reason behind a sharp drop in p...