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    Home»Utilities»Utilities Flat on Cyclical Bias — Utilities Roundup
    Utilities

    Utilities Flat on Cyclical Bias — Utilities Roundup

    October 23, 20252 Mins Read


    Shares of power producers were more or less flat as traders rotated into cyclical stocks, emboldened by reports of a planned meeting between President Trump and his Chinese counterpart Xi Jinping.

    PG&E’s third-quarter net income rose sharply as rising demand for electricity offset lower average residential rates and the company narrowed its core earnings projection for the year.

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

    (END) Dow Jones Newswires

    October 23, 2025 17:38 ET (21:38 GMT)

    Copyright (c) 2025 Dow Jones & Company, Inc.

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