Yesterday OGE increased by 1.05%, ended the session at $35.7

Yesterday at a glance: OGE Energy Corp. rises 1.05% to close at $35.7 yesterday.

United States Building Permits (Feb) is next today at 12:30 UTC.

This rally in OGE's share price coincided with other utilities stocks as NextEra Energy was up 1.3%.

Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Initial Jobless Claims is projected to outperform its last figure with 205,000. It previously stood at 211,000; data will be released today at 12:30 UTC.

Furthermore, the market is looking at United States Philadelphia Fed Manufacturing Index (Mar) is expected today at 12:30 UTC. United States Building Permits (Feb) will be released today at 12:30 UTC.

Trending downwards for around a month. So far this year, the electric utility company has declined 12.14% while touching highs around $42.78 earlier this year.