Utilities Down On Rate Concerns -- Utilities Roundup

Features Dow Jones Newswires

Shares of power-plant operators fell as traders braced themselves for higher interest rates.

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While passage of a tax bill could well accelerate economic growth, that acceleration, in turn, could steepen the path of rate hikes, analysts say.

Despite a favorable price environment, French utility Electricite de France faces an uncertain future, according to brokerage Bryan Garnier.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 05, 2017 16:35 ET (21:35 GMT)