The Communications Services sector was the worst performing in a broad stocks selloff fueled by the prospect of steep borrowing costs in the U.S.

The Communications Services sector was the worst performing in a broad stocks selloff fueled by the prospect of steep borrowing costs in the U.S.

June 18 : Shares of Elon Musk's rockets-to-AI firm SpaceX dropped nearly 9 per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable…