Not much was working on Wall Street on Tuesday, but utilities stocks were the exception.
The S&P 500’s utilities sector was up 0.5%, followed by health care with a gain of 0.3%, and consumer staples with a gain of 0.3%.
Utilities got a boost after the Trump administration reversed a stop-work order to a wind project off the coast of New York. Shares of Equinor, the Norwegian firm behind the project, were up 2.6%. Other utilities up on the day included Eversource Energy, up 3.9%, and Dominion Energy, up 2.8%.
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