Communications services companies rose as traders rotated back into growth sectors. Digital-media company Aleph Holding said it sold a stake to private-equity firm CVC Capital Partners for $470 million, valuing the company at $2 billion.
Chinese telecom-services giant Huawei Technologies agreed to settle two U.S. patent-infringement lawsuits it brought against Verizon Communications, avoiding at least one public fight over the Chinese electronics maker's role in the telecommunications supply chain.
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(END) Dow Jones Newswires