Shares of power producers fell sharply as investors hedged their bets on the outlook for growth in the sector.

Producers of renewable energy such as NextEra Energy have been among the biggest gainers in anticipation of a Biden administration. But the stalled progress of stimulus talks in Washington DC may be foreshadowing Democrats' challenge in persuading a Republican Senate to support renewable-energy investment.

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

(END) Dow Jones Newswires

11-12-20 1711ET