(Bloomberg) -- The four-year rally in U.S. utility stocks may be about to burn out.
Power producers, the best-performing stocks over the past 12 months, last week led the Standard & Poor's 500 Index to its highest since September 2000. Purchases by hedge funds such as Caxton Associates LLC and SAC Capital Advisors LLC, combined with $173.4 billion in utility takeovers this year, helped fuel the rally.
Read more at Bloomberg Exclusive News
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