Communications-services companies fell as traders retreated from sectors reliant on consumer spending.
Fox Corp. and Roku's $25 billion deal faces Justice Department information requests, delaying completion. Heightened regulatory scrutiny on media consolidations signals reduced M&A velocity and budget caution for tech infrastructure investments.
Communications-services companies fell as traders retreated from sectors reliant on consumer spending.
The Justice Department has requested additional information from cable-channel producer Fox Corp. and set-top box maker Roku, as the companies work to complete a roughly $25 billion deal.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 09, 2026 17:24 ET (21:24 GMT)
Communications-services companies fell as traders rotated out of more speculative sectors ahead of Nvidia's earnings.
Communications-services fell as traders retreated from sectors sensitive to consumer-spending trends.
Communications-services companies ticked down as traders weighed the outlook for deals in the sector.
Communications-services companies fell as traders rotated out of defensive areas such as cell-phone carriers into the high-risk…
Communications-services companies fell as traders rotated into more defensive sectors.
Communications-services companies retreated as traders rotated out of high-risk sectors ahead of inflation data.
