Shares of power producers rose as Treasury yields fell.

Another round of fiscal stimulus anticipated from the Biden administration could weigh further on yields, making utilities more attractive to yield-hungry investors.

German power producer RWE signed off a wage-increase agreement with German trade unions Verdi and IG BCE, the unions said.

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

(END) Dow Jones Newswires

01-20-21 1726ET