Utilities Flat on Cyclical Bias -- Utilities Roundup

Shares of power producers were more or less flat as traders rotated into cyclical sectors with more to gain from a peak in inflation.

Investors appear to have calculated that inflation has peaked, as the dollar traded below a key level against other currencies and Treasury yields slipped from recent highs.

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

(END) Dow Jones Newswires

12-01-22 1741ET