Communications Services Rally

Dow Jones09-25 05:55

Shares of communication service companies were among the best performers as U.S. stocks tried to recover from heavy selloffs.

A federal judge ordered President Trump to temporarily lift a ban on White House access for CNN, MS NOW and Politico journalists, but the news organizations said some of their reporters were still denied entry hours after the ruling. In a ruling early Thursday, Judge Timothy Kelly in Washington, D.C., said the removal of reporters' press badges was likely done without "constitutionally adequate due process."

BlackBerry reported fiscal second-quarter earnings per share of seven cents from sales of $163.3 million. Wall Street was looking for four cents and $142.5 million, respectively. A year ago, BlackBerry reported profit of four cents a share and sales of $129.6 million. Sales grew 26% year over year.

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