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Utilities Up As Mixed Earnings Spur Defensive Demand — Utilities Roundup

Shares of power producers rose as mixed earnings spurred demand for defensive stocks.

Electricity from natural-gas fired power plants has been rising sharply for years due to the retiring of coal plants, but that growth is starting to slow and soon will even decline because renewables are playing an ever-increasing role, the U.S. government's Energy Information Administration said.

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

January 17, 2020 16:58 ET (21:58 GMT)

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