The Hot Stock of the day : PG&E Gains 6.3%

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PG&E (PCG) climbed to the top of the S&P 500 on Tuesday, helped by potential changes to California regulations.

The Hot Stock: PG&E Gains 6.3%
ILLUSTRATION: GETTY IMAGES
PG&E rose $2.68, or 6.3%, to $45.10. The S&P 500 fell  17.71 points, or 0.64%, to 2765.31.

PG&E was helped by news that California may update its liability rules and regulations for utility services, citing changing climate and the increased frequency of  severe weather.

PG&E is up 0.6% year to date, although it's fallen 31.3% in the past year.