Communications services companies ticked down as traders backed away from high-risk areas.
Walt Disney's Pixar Animation Studios is laying off around about 14% of its workforce as parent company Disney seeks to cut costs and scale back the volume of content made exclusively for streaming.
Shares of Truth Social's parent company Trump Media & Technology fell after the firm posted less than $1 million in first-quarter sales and a big operating loss.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-21-24 1757ET