Communications services companies rose as muted wholesale inflation data spurred a rotation into high-risk niches.

Social-media company X dropped Unilever from its lawsuit against an advertising industry coalition and large marketers, according to a court filing Friday.

Federal authorities and cybersecurity investigators are probing the breaches of Verizon Communications, AT&T and Lumen Technologies. A stealthy hacking group known as Salt Typhoon tied to Chinese intelligence is believed to be responsible.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

10-11-24 1752ET