Communications services companies rose as a revival in risk appetite buoyed demand for the sector.

Alphabet's YouTube is testing a new hub of free, ad-supported streaming channels, the latest in a series of moves by the company to expand its ambitions in video.

Netflix added to recent gains and the volatile streaming service has now risen by roughly 13% for the year to date.

Canadian carrier Cogeco slid after it warned that fewer customers, intensified competition, and the economic climate would damage its 2023 prospects.


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

(END) Dow Jones Newswires

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