Shares of power producers fell as traders continued to rotated out of the defensive sector into precious metals, an alternative safe haven.
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, is down slightly for the year to date.
The SPDR Select Sector Materials ETF, which tracks the natural resources industry group of the broad index, is up by 8% for the first three weeks of January.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-23-26 1717ET




















