Utilities Down on Cyclical Bias — Utilities Roundup

Shares of power producers ticked down as traders rotated into cyclical sectors, more sensitive to changes in the outlook for oil prices.

The utilities sector has held up better than the broad market during the flight from risk sparked by the Iran war.

A surge in Treasury yields, which had their biggest monthly gain since 2024, weighed on utilities, however.

The Federal Reserve should be ready to act to make sure that fallout from the war in Iran doesn't keep inflation stuck above the central bank's target, Kansas City Fed President Jeff Schmid said.


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

(END) Dow Jones Newswires

March 31, 2026 19:00 ET (23:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center