Communications services companies rose as traders rotated into cyclical sectors.

Chinese smartphone maker Xiaomi swung to a quarterly profit, as profit margins expanded.

Elon Musk's SpaceX launched 22 Starlink satellites early Monday, less than 48 hours after the private space company's dramatic second Starship flight test.

European telecommunications operators' third-quarter updates show limited effects from macroeconomic pressures, with the impact on their top-line numbers limited to hardware sales, said analysts at brokerage Berenberg.

Write to Rob Curran at

(END) Dow Jones Newswires

11-20-23 1709ET