Shares of power producers rose as traders rotated into defensive sectors in light of mixed tech earnings.
The SPDR Select Sector Utilities exchange-traded fund was flat on a volatile week so far, despite a rise in Treasury yields, as investors concentrate on the sector's evergreen nature rather than its susceptibility to rising interest rates.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-18-24 1749ET