EXC
Published on 05/06/2026 at 05:43 pm EDT
Shares of power producers fell as traders looked beyond earnings from one major power producer.
Exelon shares fell even after the Chicago utility logged better-than-anticipated adjusted earnings and revenue.
Traders rotated out of defensive sectors such as utilities into cyclical areas such as materials and technology, emboldened by a drop in oil prices.
Write to Rob Curran at [email protected]
(END) Dow Jones Newswires
05-06-26 1742ET