Communications services companies fell amid concerns about growth and inflation.

Walt Disney fired back against activist investor Nelson Peltz, offering shareholders a 16-page slide deck defending acquisitions and other strategies orchestrated by Chief Executive Robert Iger, saying Mr. Peltz was trying to "challenge Mr. Iger's legacy."


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

(END) Dow Jones Newswires

01-17-23 1705ET