Utilities Down Ahead of Powell's Jackson Hole Speech — Utilities Roundup
Bacaan kurang dari 1 minit
Shares of power producers fell amid anxiety ahead of Federal Reserve Chairman Jerome Powell's scheduled speech from Jackson Hole, Wyo., later in the week.
Renewable-energy stocks rallied after new tax rules issued by the Treasury Department gave companies installing wind and solar-power plants a window of opportunity to receive credits before the recently passed tax bill reversing incentives kicks in.
Shares of solar-panel maker First Solar, wind-turbine maker Vestas Wind Systems, rooftop-solar system installer Sunrun and SolarEdge Technologies were among the gainers.
Write to Rob Curran at rob.curran@dowjones.com
© 2025 Dow Jones & Company, Inc. All rights reserved.