Telecoms Down On Rate Calculation -- Telecoms Roundup

Features Dow Jones Newswires

Shares of telecommunications companies declined amid fears that strong economic data increased the chances of a rate hike later in the year.

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In a review of earnings conference calls from corporations in the Standard & Poor's 500, analysts at Goldman Sachs found that many were optimistic about the regulatory outlook, with Dish Network among the companies to take a favorable view of the environment for business.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

August 15, 2017 16:44 ET (20:44 GMT)