Shares of power producers were more or less flat as investors rotated into cyclical sectors.

President-elect Joe Biden named former Secretary of State John Kerry as a special diplomatic envoy for climate change, a role that will likely see Mr. Kerry seek a role for the U.S. in initiatives like the Paris climate accord. Mr. Biden also plans to name a domestic climate-change specialist.

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

(END) Dow Jones Newswires

11-23-20 1734ET