Utilities Up on Reversal of Growth, Rate Bets -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators rose as traders positioned themselves for continued economic growth and a gradual increase of interest rates. Roughly 65% of Floridians were without power Monday midday as Irma continued to the northern reaches of the state. Customers of Florida Power & Light, a unit of NextEra Energy and the state's largest investor-owned utility, were the most affected by outages. Millions residents were without power, and utility representatives warned more outages were possible.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

September 11, 2017 17:02 ET (21:02 GMT)