Shares of power producers rose as traders rotated back into a sector that had fallen into disfavor.
Shares of power producers rose as traders rotated back into a sector that had fallen into disfavor.
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, rose 1.9%, returning to the green for the year to date.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 02, 2026 18:08 ET (22:08 GMT)
Shares of power producers continued their recent retreat as traders rotated into less rate-sensitive sectors.
Shares of power producers rose as traders rotated out of the tech sector into some slower growing areas.
Shares of power producers rose as traders rotated into defensive sectors due to the tech rout.
Shares of power producers fell as traders continued to rotate out of the defensive sector.
Shares of power producers rose as traders rotated into safe havens ahead of a three-day weekend.
Shares of power producers were more or less flat as traders rotated out of defensive sectors into growth sectors.
