Shares of power producers rose sharply as Treasury yields levelled off.

Edison International rose for the seventh straight session. The sentiment on utility stocks has shifted amid hopes that interest rates have reached their peak, at least in the short term.

A U.S. House committee asked top Hawaii energy officials, including the chief executive of utility Hawaiian Electric, to testify at a hearing on the causes of the wildfire that destroyed the town of Lahaina and killed at least 115 people.

Write to Rob Curran at

(END) Dow Jones Newswires

09-14-23 1757ET