Communications services companies rose as traders rotated into higher-risk sectors.
Newspaper publisher New York Times added 180,000 digital subscribers in the second quarter but posted its first decline in digital advertising revenue since 2020, due in part to the macroeconomic environment.
Telecom Italia raised its growth projection for the year despite reporting a second-quarter loss and lower revenue.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-03-22 1804ET
