S&P 500-Listed Utility Stocks Pare Losses After Postponed Vote On Newsom Wildfire Bill

On Tuesday, California utility shares pared some losses suffered during a rout that adopted a Monday deal between Gov. Gavin Newsom and state legislators regarding a invoice supposed to handle legal responsibility for wildfires. The state Assembly declined to carry the invoice to a vote Tuesday, successfully killing the measure. S&P 500 stock Edison International (EIX) rebounded 8.9% in late commerce…