Shares of power producers were more or less flat as traders rotated into defensive sectors.
With a slump in gold futures, traders are looking to other sectors for safe havens as stock volatility rises.
GE Vernova swung to a third-quarter profit as orders surged for its power and electrification businesses.
Shares of nuclear-power firms slid after analysts raised concerns about their valuations. NuScale, a maker of small modular nuclear reactors, fell sharply, compounding recent losses a day after analysts at brokerage BNP Paribas Exane said the company’s share price was lofty given that it was unprofitable.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 22, 2025 17:47 ET (21:47 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.