3 Utility Stocks to Buy for Defensive Safety Amid Heightened Market Volatility
AEPAmerican Electric Power(AEP) ZACKS·2024-08-03 06:10

Markets continued to fall today as Friday’s jobs report showed the US labor force continued to cool while the unemployment rate rose to 4.3%, its highest peak since 2021.Also extending this week’s selloff was underwhelming Q3 guidance from several big tech firms. However, the utility sector may be one to consider amid heightened market volatility and the potential resurgence of broader economic fears.That said, here are three top utility stocks that have essential services and generous dividends to support ...