Communications services companies fell, as traders rotated out of risky niches.
Vivendi said it plans to launch a takeover bid for Lagardère, a deal that would resolve a yearslong saga over control of the Hachette books owner.
Losses for defensive issues, including cell-phone carriers such as Verizon, were more muted.
Comcast continued its losing streak, amid broadband-subscriber growth concerns.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
12-09-21 1800ET
