Utilities Shares Flat On Cyclical Rotation - Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators were flat as traders rotated into cyclical areas in light of the outlook for tax policy. The Senate passed a blueprint of the budget, clearing a key hurdle to congressional approval of the Trump administration's proposed corporate and personal income-tax cuts. South Carolina Gov. Henry McMaster is calling on Scana Corp. to bear costs connected to its failed nuclear project now subject to investigations by federal and state authorities.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

October 20, 2017 16:49 ET (20:49 GMT)