Play Defensive ETFs to Counter Stock Market Slump
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
0mins
Source: NASDAQ.COM
Rising Inflation and Job Openings: The U.S. ISM Services Price Index rose to 64.4, indicating increased inflation in the services sector, while job openings exceeded expectations, prompting traders to reconsider potential Federal Reserve rate cuts in 2025.
Market Response and Investment Strategies: U.S. Treasury yields increased due to persistent inflation, leading to declines in major ETFs; investors are advised to consider long/short ETFs for potential profit and protection amidst market volatility.
Analyst Views on XYLD
Wall Street analysts forecast XYLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XYLD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 40.590
Low
Averages
High
Current: 40.590
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
