Shares of power-plant operators ticked down amid fears about interest rates and earnings.
Shares of California utility PG&E compounded their Friday losses, sparked by the company's disclosure that it could face liabilities stemming from an investigation into the causes of the recent wild-fires. Analysts at brokerage Goldman Sachs said the implications of the fire for the company have been "overstated," but cut their rating on PG&E's shares to "buy" from "conviction buy," partly because of the likely "overhang" on the shares. (Rob Curran, firstname.lastname@example.org)
(END) Dow Jones Newswires
October 16, 2017 16:50 ET (20:50 GMT)