Communications services companies fell as investors retreated from sectors perceived as exposed to economic risk.

Amazon.com is in early talks to purchase a stake worth at least $2 billion in Indian telecom carrier Bharti Airtel, Reuters reported.

Canadian Prime Minister Justin Trudeau avoided questions about whether Chinese telecom-services company Huawei Technologies' products would be used in the rollout of 5G technology in that nation.


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