Utility stocks slump as California wildfires leave hundreds missing

PG&E Corp , which operates in the northern part of California, dropped 16 percent, bringing its loss over two sessions to 29 percent, equivalent to $8 billion.Edison International , the owner of Southern California Edison Company, slumped 11 percent, leaving its stock market value $5 billion lower since Thursday when the fires broke out.PG&E was deemed responsible for wildfires in 2017 that ravaged wine country north of the San Francisco Bay area and killed 46 people, and this week's fir