Shares of power producers ticked down as traders rotated into higher-risk sectors, favoring risk over steady dividends.
The unanticipated truce in the U.S.-China trade war has caused a flight out of safe havens and into the technology and communications-services sectors, among others.
Shares of NRG added to the gains on the back of its deal to purchase a string of natural-gas plants Monday. Some power producers, including NRG, are associated with the electricity-hungry artificial-intelligence boom.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
May 13, 2025 17:38 ET (21:38 GMT)
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