Utilities Lower After Jobs Report -- Utilities Roundup
Shares of power-plant operators fell as traders digested the implications of a relatively weak jobs report for August.
August is typically volatile because of seasonal issues, said Quincy Krosby, chief market strategist at Prudential Financial, adding the data were "steady, not stellar." The Fed's rate plans could become more clear next week, when there is a "parade" of Fed speakers, she said.
Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
September 01, 2017 16:47 ET (20:47 GMT)