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Global News Select

Utilities Up as Sector Enters Green for Year-to-Date — Utilities Roundup

Provided by Dow Jones

Dec 8, 2022 10:51 PM UTC

Shares of power producers rose as momentum traders returned to the sector.

The Utilities Select Sector SPDR exchange-traded fund, which tracks the utilities industry group of the S&P 500, entered positive territory for the year to date.

The Canadian province of Quebec may stop selling cheap power to cryptocurrency miners amid energy shortages worldwide.

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

(END) Dow Jones Newswires

December 08, 2022 17:51 ET (22:51 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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