Shares of power producers fell as traders looked beyond earnings from one major power producer.
Exelon shares fell even after the Chicago utility logged better-than-anticipated adjusted earnings and revenue.
Traders rotated out of defensive sectors such as utilities into cyclical areas such as materials and technology, emboldened by a drop in oil prices.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
May 06, 2026 17:42 ET (21:42 GMT)
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