Utilities Shares Flat On Cyclical Rotation - Utilities Roundup
Shares of power-plant operators were flat as traders rotated into cyclical areas in light of the outlook for tax policy. The Senate passed a blueprint of the budget, clearing a key hurdle to congressional approval of the Trump administration's proposed corporate and personal income-tax cuts. South Carolina Gov. Henry McMaster is calling on Scana Corp. to bear costs connected to its failed nuclear project now subject to investigations by federal and state authorities.
-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
October 20, 2017 16:49 ET (20:49 GMT)