Most markets are higher this morning as risk-on sentiment dominates: Xcel Energy Inc, AES Corp, New Fortress Energy Inc. are showing impressive gains as we move into the afternoon trading session.
Markets are up including news that Dow Jones up 1.17%, trading at 34,375. S&P 500 goes up 1.03%, trading at 4,417.45.
Uptick coincides with some positive signs published earlier as United States Retail Sales released today at 12:30 UTC is better than expected at 0.3% but down from preceding data of 0.4% according to new data.
Here are the biggest utilities stocks gainers so far today.
+2.86%: Xcel Energy jumps 2.86% after trading as low as $62.46
After ending yesterday at $62.49, Xcel Energy Inc is currently trading at $64.28. The company is currently trading with a market cap of $35.38 billion with an average daily volume of 3.61 million shares. So far this year, it has been doing worse than the Nasdaq by 34.59%.
AES | +2.56% in mid-session
The power plant operator trades at $21.27 today, after closing yesterday at $20.74 and gaining 53 cents (2.56%).
New Fortress Energy | +1.93% in mid-session
New Fortress Energy is on a bit of a rollercoaster today: spiking to $30.29 only to drop back to $29.56, now rallying again to $30.13.