Shares of power producers fell as a rotation out of one of the leading 2022 sectors continued.
The Select Sector SPDR Utilities exchange-traded fund is down 5% since late last week.
Italian grid operator Snam fell after analysts at brokerage UBS said an infrastructure-spending plan was not as ambitious as anticipated.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-19-23 1715ET