ED ▲ +0.3% - Consolidated Edison, Inc.
$ED YARDENI SLASHES S&P 500 TARGET, SAYS ‘PROCEED WITH CAUTION’ IN STOCKS AS RATES RISE – CNBC
Consolidated Edison rose 0.3% today as economist Ed Yardeni cut his S&P 500 target and warned investors to proceed cautiously amid rising rates. Utility stocks like Con Edison typically benefit when interest rates climb, since their stable dividend yields become more attractive relative to bonds and growth equities that are pressured by higher borrowing costs.
16-SEP-2026 09:22 AM ET
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