Shares of power producers rallied ahead of a key consumer inflation report, as traders piled into the defensive sector.
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, rose 1.7%, and is now up by 11% for the year to date, one of the leading sectors on the broad market.
Tesla’s “megablock” storage could be a game-changer in powering homes, analysts said.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 10, 2025 17:37 ET (21:37 GMT)
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