Communications services rose slightly, building on momentum from earlier in the week triggered by better-than-expected results from streaming service Netflix.
NBCUniversal is shutting down its sports cable channel NBCSN at the end of the year and migrating much of its programming to its sister general entertainment network USA, the company said.
Chinese social media sensation TikTok could soon face stiffer competition from a local rival, as the Tencent-backed Kuaishou looks set to go public with a valuation of as much as $97 billion.
Alphabet's Google threatened to shut down its search engine in Australia if a proposed law requiring tech giants to pay publishers for news isn't changed.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-22-21 1731ET
