Shares of power producers rose as traders chased momentum in the sector.

The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, is up 7.2% for the year to date, eclipsing the performance of the broad gauge.

Utilities have benefited from the rising electricity demand associated with the artificial-intelligence boom and the evergreen nature of their core businesses.


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

(END) Dow Jones Newswires

04-16-26 1711ET