Shares of power producers rose, returning to positive territory for the year to date, after muted inflation data eased a recent spike in Treasury yields.
The yield on the 10-year Treasury note saw its biggest decline since November.
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, rose 1.5% and is now up by 0.7% for 2025.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-15-25 1730ET