Shares of power producers rose as traders rotated back into defensive sectors due to renewed confusion about tariff plans.
Shares of electric vehicle services firm VivoPower International rose following reports it was in advanced deal negotiations with Abu Dhabi’s Energi Holdings.
The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, is up modestly for the year to date, bucking broad market weakness.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
March 26, 2025 17:14 ET (21:14 GMT)
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