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Utilities ETF (FXU) Hits New 52-Week High
Utilities Want Trump to Keep Clean Energy, EV Tax Credits, Edison CEO Says
Kansas City Fed's Schmid Says 'Remains to Be Seen' How Much Further Interest Rates Fall
Fund Managers Move Away From Defensive Sectors and Rotate Into Cyclicals
RBC Capital Markets Ranks Each S&P Sector
Prominent Wall Street short sellers: Investors should focus on defensive stocks earnings and wait for clearer employment data.
Morgan Stanley maintains a neutral stance on defensive stocks related to cyclical sectors in the economy, waiting for 'clearer' employment data. The bank believes employment data is a key driving factor for the year-end stock market.