Communications services companies rose after strong earnings from AT&T.
Shares of the giant cell-phone carrier and media conglomerate rose by more than 5% after it posted a higher-than-anticipated number of subscriber additions.
The price on cinema chain AMC Entertainment Holdings' $1.4 billion bond due June 2026 dropped below 10 cents on the dollar this week, according to MarketAxess, implying that creditors believe they aren't very likely to get paid back.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
10-22-20 1712ET
