Communications services companies fell sharply as traders retreated from high-risk sectors.
Walt Disney's ESPN, Fox Corp. and Warner Bros. Discovery aren't moving forward with their joint streaming venture Venu Sports, the companies said, calling off what would have been a major bet as the industry's dynamics shift rapidly.
Verizon Communications said it has contained a cyber incident caused by the Chinese hacking operation known as Salt Typhoon.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-10-25 1746ET