Shares of power producers experienced a mixed performance, with a rise in value that did not match the broader market gains. This discrepancy was attributed to traders shifting focus towards cyclical sectors. Notably, Plug Power, the leading clean hydrogen producer in the country, announced the approval of a substantial $1.66 billion loan guarantee from the federal government, boosting investor confidence. In Los Angeles, the intense winds that had exacerbated the spread of deadly wildfires for over a week have subsided, alleviating the immediate threat of further fire hazards. Meanwhile, local utility company Edison International witnessed a rise in its stock value, albeit still maintaining a significant downturn of over one fifth since the beginning of 2025. Overall, the sector's performance was under the influence of market dynamics and external factors such as natural disasters.