Communications services companies rose as traders chased gains in high-risk sectors.
Netflix shares added more than 3% to top $618, and were set to test all-time highs around $680 should the early-year momentum sustain itself.
ShenTel, or Shenandoah Telecommunications, struck a deal to sell its 226 cell tower sites for about $310 million.
Write to Rob Curran at rob.curran@dowjones.com
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