Shares of power producers fell as traders rotated out of defensive sectors and back into the high-risk technology group.

Stocks in the utilities sector fell amid a market rotation away from defensive plays and back into growth and technology.

Shares of power producers rose as traders rotated into defensive sectors due to resurgent concerns about the artificial-intelligence boom and the Strait of Hormuz. Utilities are…

Shares of power producers fell as traders rotated out of defensive sectors and back into the high-risk technology group.