On September 25, 2026, the S&P 500 Utilities index (SPLRCU) closed at 400.07, its lowest point in the past 52 weeks, down 1.02% intraday. The sector has fallen 8.71% over the last month and 14.14% over the past three months.
The decline coincided with the 10‑year U.S. Treasury yield climbing to 5.16%, up 11.3% over the month and 23.7% over the year. Higher yields raise financing costs for utility companies, adding rate‑pressure to the sector.
Technical readings indicate the utilities index is deeply oversold. The daily Relative Strength Index stands at 22.1 and the Average Directional Index at 42.5, both pointing to a strong downtrend. Daily pivot resistance is positioned at 405.94, suggesting limited upside unless the index breaches that level.
In contrast, the S&P 500 Health Care index (SPXHC) traded at 1,982.38, roughly 3.6% below its 52‑week high, and posted a modest 0.65% intraday gain. Health Care shows a daily RSI of 55, a weekly RSI of 62.4 and a "Strong Buy" rating across timeframes, with support at 1,956.81 (daily), 1,938.71 (weekly) and 1,887.69 (monthly). Analysts propose initiating exposure near 1,980, setting a stop loss below 1,938 and targeting a breakout toward 2,050.
Other sectors displayed mixed performance: Real Estate fell 7.18% over the month, Consumer Staples declined 3.90%, while Telecom rose 1.92% intraday and Technology posted an overbought monthly RSI of 73.4.
Commentary highlights long‑term demand drivers for utilities, such as electricity consumption by AI data centers, but stresses that the current sell‑off appears driven more by interest‑rate pressure than by fundamental valuation. Access to the WarrenAI Analyst 2.0 tool is advertised at less than $9 per month on InvestingPro.
