TREE NEWS reports: All 11 S&P 500 sectors closed broadly higher, led by utilities, which rose 3.01% on across-the-board gains among its constituents. Constellation Energy (CEG) jumped 12.25%, Vistra climbed 10.77% and NRG Energy added 7.02% for the third-best performance. Consumer discretionary rose 1.39%, information technology gained 0.55%, while health care slipped 0.16%.
S&P 500 Sectors Broadly Higher; Utilities Up 3.01% as CEG Gains 12.25%
The scale of the utilities move, and the fact that it was led by the independent power producers rather than the regulated names, points to a sector-specific catalyst rather than a broad defensive rotation. That distinction matters because it suggests the buying is concentrated in the merchant power complex, which has become a proxy for data-center and electrification demand. Whether that leadership broadens into the regulated utilities or fades once the immediate catalyst passes is the open question.
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