Shares of power producers fell, but not by as much as the broad market, as investors rotated into less richly valued, defensive sectors.

Britain's National Grid agreed to acquire Western Power Distribution, the U.K.'s largest electricity distributor and sell a majority stake in the British natural-gas transmission system.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

03-18-21 1709ET