Utility stocks led the gainers as investors seek essential bread and butter stocks like electricity, water and gas. Utilities are also garnering interest because of the massive power demands of AI focused data centers.

Utility stocks are mostly lower as U.S. leading economic indicators edged lower in June on weakening consumer spending. Treasury yields end the session higher.

Shares of industrial and transportation companies rose as bellwethers like GE Vernova report strong order backlogs of equipment used to generate power for AI data centers.

Utility stocks led the gainers as investors seek essential bread and butter stocks like electricity, water and gas. Utilities are also garnering interest because of the massive…