Utilities Down as Treasury Yields Rise - Utilities Roundup
Shares of power producers ticked down as Treasury yields rebounded and amid fears that a potential slowdown in artificial-intelligence infrastructure buildout would weigh.
Shares of Constellation Energy gave back some of the gains garnered in the wake of its earnings report.
One strategist said fears that the incoming governor of Texas would slam the brakes on data-center development plans could be misplaced. Texas Governor-elect Gina Hinojosa, "at least at the Texas level has said she wants to be pro-business," and has not said anything about a moratorium on the tech facilities, said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management. "Even if that's not accurate -- and I believe it is -- there are other states that will gladly take these if current states the if political winds have shifted."
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
November 10, 2026 17:33 ET (22:33 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
4 Growth Stocks to Buy While They’re Still Undervalued
The 10 Best Companies to Invest in Now
These Overvalued Stocks Have Plenty of Room to Fall
Your Year-End Financial Checklist: 5 Things to Tackle Before 2027
United States