Shares of power producers rose as Treasury yields fell.
Another round of fiscal stimulus anticipated from the Biden administration could weigh further on yields, making utilities more attractive to yield-hungry investors.
German power producer RWE signed off a wage-increase agreement with German trade unions Verdi and IG BCE, the unions said.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-20-21 1726ET