---
title: "Weekly Recap | XLU.US +0.81%, leading the S&P 500 by over a point"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300842319.md"
description: "XLU.US rose 0.81% this week to close at $39.83, while the S&P 500 fell 0.27%, leaving the ETF ahead of the benchmark by about 1.08 percentage points. The week started with a dip: Monday slipped to an intraday low of 39.06 before closing at 39.25. Buying then stepped in, and Friday touched a weekly high of 40.205 before settling at 39.83. Weekly amplitude was 2.98%."
datetime: "2026-10-03T05:05:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300842319.md)
  - [en](https://longbridge.com/en/news/300842319.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300842319.md)
generator: "portal-rs"
---

# Weekly Recap | XLU.US +0.81%, leading the S&P 500 by over a point

## The Week

XLU.US rose 0.81% this week to close at $39.83, while the S&P 500 fell 0.27%, leaving the ETF ahead of the benchmark by about 1.08 percentage points. The week started with a dip: Monday slipped to an intraday low of 39.06 before closing at 39.25. Buying then stepped in, and Friday touched a weekly high of 40.205 before settling at 39.83. Weekly amplitude was 2.98%.

## Sector News

Utilities were in focus around US power demand, data centres and nuclear deals. Amazon signed a 20-year power supply agreement with Constellation Energy for the Calvert Cliffs nuclear plant; Goldman Sachs called the deal an industry-wide positive. Reports also said the US government is preparing a roughly $4bn federal loan for Vistra to expand nuclear capacity. SocGen noted that utilities look cheap after rising yields de-rated the sector, and several names including Xcel Energy, Sempra, Vistra and Entergy outperformed peers on individual trading days.

## The Week Ahead

The macro calendar leans toward US services data. On Monday 5 Oct, S&P Global services PMI final (prior 58.7) and ISM non-manufacturing PMI (prior 55.4, forecast 55) are due. Tuesday 6 Oct brings international trade figures (prior -88.6, forecast -102), and Wednesday 7 Oct has EIA weekly crude and Cushing inventory data. These releases tie into this week’s bond-yield swings and the valuation debate around utilities, so rate-sensitive sector flows are worth tracking.

## In Short

Utilities managed to edge higher while the broader market slipped. The latest session’s fund flow snapshot shows large-lot money marginally net selling while medium and small orders are net buyers, so direction is split. Nuclear and data-centre supply agreements provide an upward narrative; rising yields and the resulting valuation pressure remain the counterweight. The next cue is whether services data and rate moves reinforce or ease this internal divide.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [XLU.US](https://longbridge.com/en/quote/XLU.US.md)
- [SDP.US](https://longbridge.com/en/quote/SDP.US.md)
- [UPW.US](https://longbridge.com/en/quote/UPW.US.md)
- [UTSL.US](https://longbridge.com/en/quote/UTSL.US.md)

## Related News & Research

- [Utilities looking cheap after rising yields de-rating - SocGen](https://longbridge.com/en/news/300457944.md)
- [The secret signs the bond sell-off might be ending](https://longbridge.com/en/news/300783110.md)
- [India orders captive coal plants to maximise power output on surging demand](https://longbridge.com/en/news/300273033.md)
- [US says China to buy 10 million tonnes of coal in 2027 and 2028](https://longbridge.com/en/news/300190268.md)
- [Dry weather disrupts coal transport in Indonesia's East Kalimantan, industry group says](https://longbridge.com/en/news/297763481.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**