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Utilities Up As Some Investors Buy Into Traditionally Safe Sector — Utilities Roundup

Shares of power producers rose sharply as investors tiptoed back into the stock market via the traditionally safe utilities sector following a week of violent selloffs.

Bank of America said it signed agreements involving Duke Energy and NRG Energy unit Reliant for renewable-energy supplies at its North Carolina and Texas operations, as reported earlier.

 

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

(END) Dow Jones Newswires

June 29, 2020 17:12 ET (21:12 GMT)

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