Utilities Down on Cyclical Rotation -- Utilities Roundup

FeaturesDow Jones Newswires

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

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.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

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