
Utilities Down, but not by Much on Defensive Bias - Utilities Roundup

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Shares of power producers fell, but not by as much as the broad market, as traders rotated into defensive sectors in light of doubts about the artificial-intelligence boom. Fermi shares slid after the energy and real estate company said a $150 million funding deal with one of its power grid's potential tenants had fallen through. Write to Rob Curran at rob.curran@dowjones.com (END) Dow Jones Newswires 12-12-25 1743ET

