Communications services companies rose as traders rotated into high-risk sectors ahead of a policy statement from the Federal Reserve.

James Gunn and Peter Safran, the newly named chiefs of Warner Bros. Discovery's DC Studios, unveiled a slate of five films and five new series based on DC Comics titles as the comic-book franchise looks to emulate the reach and ambition of Marvel's superhero brand.

Paramount is set to combine its Paramount + streaming network and Showtime cable channel brands.


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

(END) Dow Jones Newswires

01-31-23 1709ET