Happy Monday. The Dow Jones was the only major index to finish out the day in the green as investors marinated on the Iran War and its spreading economic fallout. Meanwhile, the Russell 2000 and Nasdaq faced declines of over half a percentage point. And speaking of percentages, the U.S. 10 Year Treasury hit a 52-week high.
Utility giants NextEra and Dominion have played their respective roles in the AI boom, but now, they're betting on being stronger together. On Monday, the two companies announced a deal which would could end up being the biggest in the utility sector. TheStreet contributor Peace Longe has the latest on the megadeal.
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