Utilities Up On Doubts About Fed Timeline - Utilities Roundup

FeaturesDow Jones Newswires

Shares of power-plant operators rose as traders bet the Federal Reserve will not stick to its rate-hike timetable. The annual melting of the Sierra Nevada's historic snowpack has begun, causing fears in California and Nevada where reservoirs stand near capacity and rivers are swollen from one of the wettest winters on record, The Wall Street Journal reported.

-Rob Curran, rob.curran@dowjones.com

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(END) Dow Jones Newswires

June 16, 2017 16:52 ET (20:52 GMT)