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Communications Services Down on Rotation to Tech - Communications Services Roundup

Provided by Dow Jones Jul 31, 2026, 3:02:00 AM

Communications-services companies fell as traders rotated into higher risk tech stocks.

Yields on the 30-year Treasury bond hit the highest level in 19 years, luring fixed-income investors out of dividend-oriented plays such as Verizon Communications, AT&T and T-Mobile US. A selloff for Facebook parent Meta also weighed on the sector.

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

(END) Dow Jones Newswires

July 30, 2026 18:02 ET (22:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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