Communications-services companies rose slightly amid deal activity.

A consortium has agreed to buy Patrick Drahi's French telecommunications operations for more than $23 billion, in a deal that dismantles a major plank of the billionaire's once-sprawling business empire.

The European Union told Meta Platforms to reverse a policy that effectively bans rival artificial intelligence chatbots from using a tool to communicate with users on WhatsApp as officials continue to probe the company's messaging service.

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

(END) Dow Jones Newswires