Utilities Up on Fed Bets -- Utilities Roundup

Shares of power-plant operators rose as traders bet the Federal Reserve would hold off on interest-rate increases. Power-capacity prices fell for most regions of the largest competitive U.S. electricity market, the PJM Interconnection, the grid operating in many mid-Atlantic states, in its annual auction.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 25, 2017 16:45 ET (20:45 GMT)