Utilities Gain as Bonds Strengthen -- Utilities Roundup

Features Dow Jones Newswires

Shares of utilities recouped a portion of their recent losses as Treasury yields declined. Utilities are often viewed as proxy for bonds in the stock market.

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Georgia Power has objected to Westinghouse Electric's proposed $800 million bankruptcy loan, saying the financing could threaten the construction of the first new nuclear reactors to be built in the U.S. in decades.

-By Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

April 27, 2017 17:17 ET (21:17 GMT)