Shares of power producers rose amid optimism about the outlook for sustainable energy production.
A divided Congress will not be as positive for renewable-energy producers as an anticipated "Blue Sweep" would have been, but could still lead to "robust renewables deployment driven by the favorable economics of wind and solar resources, albeit at a slower (but still in many cases rapid) growth rate," said analysts at brokerage Morgan Stanley, in a note to clients.
Shares of NextEra Energy, a major renewable-energy producer, rose again.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-05-20 1732ET
