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    Home»Utilities»Utilities Up on Cyclical Rotation — Utilities Roundup
    Utilities

    Utilities Up on Cyclical Rotation — Utilities Roundup

    April 2, 20251 Min Read


    Shares of power producers rose, but not by as much as the broad market, as traders rotated into more cyclical sectors.

    Some 155,000 new positions were added to the economy in March, up sharply from 84,000 in February, according to the ADP National Employment report.

    The owner of what was once Pennsylvania’s largest operating coal plant, in Homer City, Pa., imploded the facility to make way for a giant AI data-center campus that will be powered by natural gas.

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

    (END) Dow Jones Newswires

    April 02, 2025 17:55 ET (21:55 GMT)

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



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