Utilities Rise -- Utilities Roundup

Features Dow Jones Newswires

Shares of utilities were higher.

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Duke Energy said it was abandoning plans to develop a nuclear power plant in South Carolina, in the latest blow to the U.S. nuclear industry. The company had planned to build two reactors designed by Westinghouse Electric near Gaffney, S.C.

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

(END) Dow Jones Newswires

August 25, 2017 17:28 ET (21:28 GMT)