UTILITIES KEEP PACE WITH BROAD MARKET AVERAGES

摘要

Utility stocks as a group kept pace with the broad market averages in 2009's first quarter. The Edison Electric Institute (EEl) Index posted a negative 11.0-percent return, its third negative quarterly return in a row and the fourth of the past five quarters. The Dow Jones Industrials and S&P 500 returned a negative 12.5 percent and a negative 11.0 percent, respectively. The Nasdaq benefitted the most from March's sharp market rally and produced a negative 3.1-percent return for the quarter.