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A 7% decline in the Utility SPDR (XLU) in November puts the ETF in the red for the year (even...
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Monday, November 12, 2012, 1:07 PM ETA 7% decline in the Utility SPDR (XLU) in November puts the ETF in the red for the year (even after the dividend). Worries over a hike in the dividend tax rate are surely a factor (fade those, say some), but the sector is also likely to feel the "regulatory wrath" for outages following Sandy, writes Alan Brochstein.
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