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Utilities Up On Rotation Out Of Commodities Sectors -- Utilities Roundup

06/17/2021 | 05:11pm EDT

Shares of power producers rose as Federal Reserve policy fears spurred a rotation out of materials and energy sectors into less inflation-sensitive areas of the market.

Pembina Pipeline struck a deal with Calgary-based energy company TC Energy to develop a carbon transportation and sequestration system in the province of Alberta.

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

(END) Dow Jones Newswires

06-17-21 1710ET

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