Shares of power producers ticked down as traders rotated into higher risk sectors, betting weak jobs data would spur the Federal Reserve to cut interest rates.
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, fell 0.3%, but remains roughly 15% higher for the year to date.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
December 03, 2025 17:37 ET (22:37 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
The articles, information, and content displayed on this webpage may
include materials prepared and provided by third parties. Such
third-party content is offered for informational purposes only and
is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the
accuracy, completeness, timeliness, or reliability of any third-party
content displayed on this site. The views and opinions expressed in
third-party content are those of the respective authors and do not
necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays
in this content, nor for any actions taken in reliance thereon.
Users are advised to exercise their own judgment and seek independent
financial advice before making any decisions based on such content.
The third-party providers of this content are not affiliated with
Morningstar, and their inclusion on this site does not imply any
form of partnership, agency, or endorsement.