UTILITIES SEL (XLU)

All five ETFs have upside in the coming year.

Wall Street kicked off the Santa Rally season on a positive note, with all major indices and sectors closing higher in a shortened session ahead of the Christmas holiday.

ollowing the U.S. election, sector returns showed considerable divergence.

Sure XLRE, XLU got a boost, but look at where XLF, KRE were able to reach Friday and this IWM underperformance makes sense, because - yields.

Risk sentiment returned to Wall Street on Friday, revitalized by softer-than-expected November inflation data leading to a strong market rebound following the selloff triggered by the Federal Reserve’s recent meeting.<

The day after a volatile Federal Reserve meeting, Wall Street grappled with the stark reality of Fed Chair Jerome Powell‘s cautious tone on cutting interest rates in 2024.

The performance of the utilities sector has been much better than usual during the past two years.

The recent 7% pullback in the utility sector, led by declines in top-performing nuclear stocks, raises the question: Time to buy the dip in nuclear stocks?

On CNBC's "Halftime Report Final Trades," Rob Sechan of NewEdge Wealth said Meta Platforms, Inc. continues its near-term momentum.