Shares of power producers rose sharply as traders rotated back into a sector that had lagged the broad market in the fourth quarter.
Utilities tend to draw fixed-income investors when Treasury yields are falling, due to their substantial dividend yields.
Danish energy company Orsted said its U.S. joint venture is seeking an injunction against the Trump administration’s order halting construction of all U.S. offshore wind projects.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
January 02, 2026 17:13 ET (22:13 GMT)
Copyright (c) 2026 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.