Utilities Up on Defensive Bias -- Utilities Roundup

GEV

Published on 06/20/2025 at 17:49

Shares of power producers ticked up as traders rotated into defensive sectors in light of concerns about the Israel-Iran conflict.

Companies including uranium producer Cameco, investment firm Brookfield Asset Management, GE Vernova, and BWX Technologies are among those that could benefit from exports of U.S. nuclear technology and know-how overseas, The Wall Street Journal reported.

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(END) Dow Jones Newswires

06-20-25 1748ET