US Sector ETFs Close Mostly Higher; Utilities Up 2.98%, Biotech Down 2.32%

The dispersion here is the story: a near-3% utilities move alongside a 2.32% biotech decline points to defensive positioning rather than broad risk appetite, even as most sectors finished green. Semiconductors and biotech — the more rate- and risk-sensitive corners — lagging while utilities leads suggests the rally is narrower than the headline count implies. Whether that defensive tilt persists into the next session, or reverses as the laggards catch up, is the open question worth watching.