Communications-services companies rose as traders bet that major deals will go forward.

Shares of Paramount Skydance rose after the Hollywood studio and streaming firm offered the European Union's merger watchdog concessions to ease competition concerns as officials look into its planned $81 billion takeover of rival Warner Bros Discovery.

Cell-phone carriers diverged as fears about competition from a mooted partnership between Charter Communications and SpaceX. Getty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.

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

(END) Dow Jones Newswires