Shares of power producers rallied as traders rotated into sectors that had lagged in 2023.

The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500, rose 1.5%.

The utilities industry group was the weakest of all 11 on the broad index last year.


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

(END) Dow Jones Newswires

01-02-24 1728ET