Communications services companies rose as traders sought out the highest risk niches of the market.

Paramount Global, the media conglomerate that's in buyout talks with studio Skydance Media, rose 2%.

Many Sports Illustrated staffers were told by publisher Arena Group they were being laid off on Friday, according to the union of the publication, putting the future of the once-prestigious magazine in question.


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

(END) Dow Jones Newswires

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