Communications-services rose as traders sought out companies that could benefit from an artificial-intelligence boom.

Take-Two Interactive Software reported better-than-expected fiscal fourth-quarter financial results, but provided weak bookings outlook for the fiscal year.

A potential full takeover bid for BT Group by Bharti Enterprises, mooted in a Reuters report, is highly unlikely to succeed, said analysts at brokerage Deutsche Bank.

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

(END) Dow Jones Newswires