Shares of power producers fell, but not by as much as the broad market, as traders sought out defensive sectors with less to lose from a spike in energy prices.
Shares of power producers fell, but not by as much as the broad market, as traders sought out defensive sectors with less to lose from a spike in energy prices.
New York's attorney general is leading a lawsuit against the Trump administration to challenge its deal that put an end to French energy company TotalEnergies' offshore wind projects in the U.S.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 03, 2026 18:56 ET (22:56 GMT)
Shares of power producers rose as traders rotated into defensive sectors due to the tech rout.
Shares of power producers continued their recent retreat as traders rotated into less rate-sensitive sectors.
Shares of power producers slid as Treasury yields rose. Rising yields are a twofold blow to utilities, which are often heavily…
Shares of power producers fell as traders continued to rotate out of the defensive sector.
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