Power producers' shares fall less than market as traders seek defensive sector

6 articles · Updated · MarketWatch · Apr 28

Xcel Energy shares rose ahead of its upcoming earnings report, while other utilities declined but outperformed the broader market.
Traders favored utility stocks due to their lower sensitivity to rising energy commodity prices, leading to a smaller drop in the sector.
The defensive appeal of utilities helped cushion losses amid broader market declines, highlighting investor caution regarding energy price volatility.

Can Xcel Energy's stock keep rising while it faces the huge costs of its ambitious clean energy promises for Big Tech?

Is the market's flight to 'safe' utility stocks ignoring the massive risks of a multi-trillion-dollar grid overhaul?

As utilities race to power data centers, will average households be forced to pay for the AI boom through higher bills?

Will new off-grid power solutions for Big Tech make the traditional public utility model obsolete?

With AI driving record electricity demand, can the aging US power grid handle the surge without widespread blackouts?