Communications services companies fell as rising Treasury yields caused a reassessment of risk.

Verizon Communications replaced consumer unit chief Manon Brouillette after a little less than a year in the role as it seeks to appeal to more non-business customers.

British carrier Vodafone Group said Nick Read would step down as chief executive and that current Chief Financial Officer Margherita Della Valle has been appointed as interim chief executive.


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

(END) Dow Jones Newswires

12-05-22 1718ET