Post by
Ariahp on Sep 19, 2024 2:13pm
Why
Why is ENB stock down today? Infact PPL and TRP down as well. Why
Comment by
JohnSP on Sep 19, 2024 2:35pm
My 2 cents, ENB, TRP, PPL, KEY etc are like Utilities and thus considered low risk. Today the market is risk on, so sell your low risk and buy higher risk assets. But, interest rates are now falling in both Canada and & US, so that should be a tail wind for dividend stocks as income seekers switch from term deposits/bonds to low risk dividend paying stocks.
Comment by
Marty47 on Sep 19, 2024 6:31pm
The us treasury 10 years was up by a lot today normally this is what happen to utilities stocks but again it's temporary once it get down to 3.5 utilities will be up , but any .05 .1 move will make utilities move too