Utilities Down on Cyclical Rotation -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators fell as traders rotated back into economically cyclical sectors from defensive, evergreen areas such as utilities.

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Scana Corp. said it will absorb some of the construction costs from its failed nuclear plant project and roll back rates for South Carolina utility customers.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

November 16, 2017 16:50 ET (21:50 GMT)