US Stock Market Move | Nuclear power sector rose sharply at the beginning of trading, Oklo Inc (OKLO.US) surged over 12%.

date
16/06/2025
avatar
GMT Eight
On Monday, the nuclear power sector rose sharply at the opening.
On Monday, the nuclear power sector surged at the beginning of trading. Oklo Inc (OKLO.US) rose more than 12%, NANO Nuclear (NNE.US) rose over 11%, NuScale Power (SMR.US) rose over 10%, and Energy Fuels (UUUU.US) rose over 9%. On the news front, the World Bank's executive board has announced the lifting of the ban on financing nuclear power projects and is currently discussing whether to provide significant financial support for natural gas exploration and production after lifting the ban on nuclear projects, in order to expand global electricity access and strengthen power supply through diversified energy means, achieving its core development goals and Energy Focus, Inc. planning. The President of the World Bank stated that the bank will also support the global development of "small modular reactors" (SMR) to further promote the widespread use of nuclear power systems.