Communications Services Up On Rotation Into Growth Sectors -- Communications Services Roundup

Communications services companies rose as traders rotated back into growth sectors.

AT&T recouped some of its recent losses as Chief Executive John Stankey said plans to reduce the telecom company's dividend in the wake of its WarnerMedia spinoff would still leave the payout elevated compared with the rest of the Standard & Poor's 500.

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(END) Dow Jones Newswires

05-20-21 1803ET