Shares of power producers fell as Treasury yields continued to rise.
Higher yields in the Treasury market present stiffen competition for the dollars of fixed-income investors, who often toggle between bonds and dividend-oriented utility stocks.
China Lesso Group's latest expansion into the solar-energy industry will likely need more time before growth prospects become clear, said analysts at brokerage Citi.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-10-22 1712ET