Exelon, Entergy Rise to Highest in 5 Months on Gas Price
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Exelon Corp. and Entergy Corp., the two largest U.S. nuclear power operators, rose to their highest in five months as increasing natural gas prices boost wholesale electricity rates.
Exelon, based in Chicago, climbed 1.1 percent to $36.46 at the close in New York, the highest price since Oct. 22. New Orleans-based Entergy gained 1.6 percent to $70.29, the highest since Nov. 2. Both power producers have risen 9 percent in the past month, outpacing the Standard & Poor’s 500 Utilities Index, which has increased 5.9 percent since March 18.