Utilities Up on Fed Bets -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators rose as traders bet the Federal Reserve would hold off on interest-rate increases. Power-capacity prices fell for most regions of the largest competitive U.S. electricity market, the PJM Interconnection, the grid operating in many mid-Atlantic states, in its annual auction.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 25, 2017 16:45 ET (20:45 GMT)