Communications Services Flat on Iran Strike Concerns -- Communications Services Roundup

Dow Jones2025-06-19

Communications-services companies were flat amid concerns about the potential of a U.S. strike on Iran.

Oil futures are already trading above $75 a barrel, and a continued spike could weigh on high-risk sectors.

Comcast shareholders voted against a proposal to curb Chairman and Chief Executive Brian Roberts' power by installing an independent chair on the company's board.

White House Press Secretary Karoline Leavitt said in a statement that Trump would sign an additional Executive Order this week to keep TikTok up and running, giving the Chinese social network another 90-day reprieve.

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

(END) Dow Jones Newswires

June 18, 2025 17:50 ET (21:50 GMT)

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