Shares of power producers fell as investors hedged their bets on the outlook for vaccine distribution and stimulus negotiations.

Italian companies Enel, a utility, and Leonardo, an aerospace and defense company, said Monday that they are entering into a strategic partnership on security, energy efficiency, satellite communications and electric mobility.

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

(END) Dow Jones Newswires

12-14-20 1717ET