Shares of power producers continued their recent retreat as traders rotated into less rate-sensitive sectors.

The S&P 500 Utilities sector has hit a record-low relative value ratio of 0.06, driven by rising Treasury yields and capital rotation into growth sectors.

Shares of power producers fell as traders continued to rotate out of the defensive sector.

Shares of power producers continued their recent retreat as traders rotated into less rate-sensitive sectors.

Health-care companies fell as traders continued to rotate out of traditionally defensive sectors into the technology sector.