DUK
NYSE · Utilities
Duke Energy Corp
$127.38
+0.04 (+0.03%)
DUK News4 articles
Dominion Energy Outage Resolved Amid Major Grid Investment Push
Dominion Energy has restored service following a brief outage affecting approximately 1,000 customers in Norfolk, Virginia. The incident comes as the utility is executing a massive $64.7 billion capital spending program to expand grid capacity.
NRG Energy Shares Drop on LS Power's $2.35 Billion Secondary Offering
NRG Energy shares declined sharply after LS Power affiliates priced a large secondary stock offering at a discount. The company plans a concurrent $300 million share buyback from the sellers.
Utilities Sector Surges on Falling Bond Yields, Key Fed Data Ahead
The utilities sector outperformed Friday, with the Utilities Select Sector SPDR Fund (XLU) climbing 2.8% to $46.50 as Treasury yields declined following mild inflation figures. Key earnings and regulatory approvals bolstered individual stocks.
Utilities Sector Edges Higher Amid Key Economic Data Watch
The utilities sector posted modest gains last week, underperforming the broader market rally. Investors are focused on upcoming inflation and jobs reports, along with earnings from Duke Energy, which could influence bond yields and sector performance.