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To: James Strauss who wrote (12488)6/22/2003 3:41:33 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Utility Stocks Rise On Expectation Of Future Rate Increases
bigcharts.marketwatch.com

The prospect of market forces putting upward pressure on interest rates regardless of what the FED does has made the utility sector more desirable in recent months... The reason for this is the anticipation of higher dividends based on higher interest rates the utilities will earn down the road...

A comparison to the S&P 500 shows the recent utility sector outperformance... chart.bigcharts.com

Jim