Utilities Down After Fed Official's Comments -- Utilities Roundup
Shares of power-plant operators fell sharply after comments from Dallas Federal Reserve President Robert Kaplan. Mr. Kaplan said the Federal Reserve should start its planned round of 2018 rate hikes soon. Utilities are seen as among the most vulnerable sectors to the deleterious effects of rate hikes.
--Rob Curran, email@example.com
(END) Dow Jones Newswires
March 06, 2018 16:48 ET (21:48 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.