Utilities Down On Rate Concerns -- Utilities Roundup
Shares of power-plant operators fell as traders braced themselves for higher interest rates.
While passage of a tax bill could well accelerate economic growth, that acceleration, in turn, could steepen the path of rate hikes, analysts say.
Despite a favorable price environment, French utility Electricite de France faces an uncertain future, according to brokerage Bryan Garnier.
-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
December 05, 2017 16:35 ET (21:35 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.