Utilities Up as Rate Fears Subside -- Utilities Roundup

02/23/18 05:24 PM EST

Shares of power-plant operators rallied as Treasury yields retreated from recent highs.

The SPDR Select Sector utilities exchange-traded fund, which tracks the price of the utilities sub index of the Standard & Poor's 500, has cut its losses to about 5% for the year to date, despite recurring rate fears.

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


(END) Dow Jones Newswires

February 23, 2018 17:24 ET (22:24 GMT)

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