Shares of power producers rallied amid hopes for government investment in renewable energy.
President-elect Joe Biden proposed $2 trillion in clean energy initiatives over the coming years, an initiative that became more viable with the apparent victory of a Senate majority for Democrats.
The Invesco Solar exchange-traded fund, which tracks a basket of solar-power companies, rose by more than 8%.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-06-21 1742ET