Energy Stocks Rise Monday Amid Market Gains, Underperform S&P 500
Energy Stocks Rise Monday Amid Market Gains, Underperform S&P 500

Energy Stocks Rise Monday Amid Market Gains, Underperform S&P 500

News summary

Major utility stocks, including Eversource Energy, Exelon Corp., Dominion Energy, and Duke Energy, all posted gains on Monday in a broadly positive session for the stock market as the S&P 500 increased by 1.47% and the Dow Jones Industrial Average rose 1.34%. Eversource Energy advanced 1.39% to $66.46 but remains 3.70% below its 52-week high, while Exelon gained 1.12% to $45.17, still 6.11% short of its own 52-week peak. Dominion Energy rose 1.19% to $61.13, marking its third straight day of gains, and Duke Energy climbed 1.03% to $124.17, extending its winning streak to five consecutive days. Despite the positive momentum, all these utility stocks underperformed compared to the broader market indices.

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