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    Home»Stock Market»Utilities Down on Rotation Out of Sector — Utilities Roundup
    Stock Market

    Utilities Down on Rotation Out of Sector — Utilities Roundup

    May 28, 20252 Mins Read


    Shares of power producers slid as traders rotated out of the sector, fearful of rising Treasury yields.

    In a sign that gas feedstock prices could go down in some key regions, natural-gas pipeline company Williams indicated it would try to build the long held-up Constitution and Northeast Supply Enhancement pipelines, which would shuttle natural gas from Appalachian gas fields throughout the Northeast.

    Write to Rob Curran at rob.curran@dowjones.com

    (END) Dow Jones Newswires

    May 28, 2025 18:00 ET (22:00 GMT)

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