Shares of power producers ticked up as traders rotated into defensive sectors.
Traders are rotating out of fuel-sensitive sectors such as the consumer-discretionary industry group into sectors such as utilities that are less exposed to swings in oil prices.
Specialist investor NOVA Infrastructure has amassed $1.45 billion to back midsize operators of assets such as data centers, battery projects and water-management systems.
Treasury yields, which often hold sway over the utilities sector, were mixed as traders awaited President Trump's deadline for the reopening of the Strait of Hormuz.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-07-26 1717ET
