Standard & Poor’s (S&P) is looking at utilities stocks and ETFs in the beaten-down equities market, On Wall Street reports. Investors prefer utilities as they pay dividends, and are not as dependent on consumer spending and economic growth. The Utilities Select Sector SPDR Fund, with a market capitalization of $4.3 billion, is the largest of the 16 utilities ETFs followed by S&P. The Wisdom Tree Global ex-U.S. Utilities Fund, with a market capitalization of some $30 million, has a broad range of about 90 international holdings.

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