Utilities Up As Defensive Sectors Regain Popularity -- Utilities Roundup

01/31/18 05:23 PM EST

Shares of power-plant operators rose as traders rotated back into defensive sectors, after the Federal Reserve's lukewarm endorsement of economic growth.

Utilities and other dividend-oriented sectors fell out of favor in the last several months as investors dived into fast-growing and fast-appreciating economically cyclical shares. Utilities have regained some popularity after two triple-digit sell-offs in the Dow Jones Industrial Average caused a reappraisal of risk.

--Rob Curran, rob.curran@dowjones.com

 

(END) Dow Jones Newswires

January 31, 2018 17:23 ET (22:23 GMT)

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