Utilities Slide on Rotation Into Cyclical Sectors — Utilities Roundup
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Dow Jones
Shares of power producers slid, as strong tech earnings triggered a rotation into more cyclical sectors.
NextEra Energy Partners slipped after the sustainable-energy giant reportedly weighed options on how to pay bills coming due under an obscure type of financing that has buffeted the company since a correction in its share price last year.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 26, 2024 17:50 ET (21:50 GMT)
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