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The Communication Services Select Sector SPDR Fund (NY: XLC )

105.31 +0.64 (+0.61%)
Official Closing Price Updated: 8:00 PM EST, Feb 14, 2025 Add to My Watchlist
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All News about The Communication Services Select Sector SPDR Fund

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Are Utilities The New Must-Own Equity Sector?
Recent stock market turbulence has left two equity sectors outperforming this year: communications services and utilities, based on a set of ETFs. 
Via Talk Markets
S&P 500, Nasdaq 100 Target Eighth Straight Gain As Dollar Nears 2024 Lows; Small Caps, Emerging Markets Rebound: What's Driving Markets Monday?
Wall Street kicked off the week leading up to the Federal Reserve’s Jackson Hole Symposium with a positive momentum as traders anticipate reassuring signals from policymakers about the impending start... 
Via Benzinga
Topics Stocks
Exposures US Equities
The Worst May Be Over for Cisco After Beating Estimates in Q4
Cisco Systems posted better-than-expected results in its fiscal Q4 earnings release. There are some signs for optimism even as the firm lays off thousands. 
Via MarketBeat
Wall Street Ticks Up As Consumer Sentiment Improves; Gold Hits Record Highs, Boosting Mining Stocks: What's Driving Markets Friday?
Wall Street edged slightly higher on Friday, with major equity indices showing modest gains at midday in New York. 
Via Benzinga
Meta Shuts Down Tracking Tool CrowdTangle, Faces Bipartisan Criticism
Meta shut down CrowdTangle, a social media analysis tool used for monitoring trending posts on Facebook and Instagram, despite lawmaker requests for continued access for research. Meta promises a... 
Via Benzinga
Polish Billionaire Plans To Sue Meta Platforms For Alleged Fake Advertisements
Polish billionaire Rafal Brzoska plans to sue Meta Platforms for allegedly running fake ads featuring his face on Facebook and Instagram. 
Via Benzinga
Big 3 Music Giant Warner: Streaming Boom Sends Shares Higher
Warner Music Group's shares rose 2-3% on the day of its earnings release. The company's streaming revenue growth compared favorably to Universal Music Group. 
Via MarketBeat
Meta Hit with Largest-Ever State Privacy Fine – Texas AG Secures $1.4B Settlement
Meta Platforms shares are trading lower today. Texas Attorney General Ken Paxton has secured a $1.4 billion settlement with Meta, formerly known as Facebook, to stop the company's practice of capturing... 
Via Benzinga
Wall Street Enjoys Late-Week Rally On Benign Inflation Data, Dow Jones Eyes Best Session Of 2024, Tech Unwinding Stalls: What's Driving Markets Friday?
After a turbulent week in the markets, the bulls reclaimed dominance on Wall Street during Friday’s session, with indices and sectors trading in positive territory as investors welcomed the latest... 
Via Benzinga
Topics Economy Stocks
Exposures Interest Rates US Equities
Fed's Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021, But Core Remains Sticky: 10 ETFs To Monitor Thursday
The latest Fed's favorite inflation report, unveiled Friday by the Bureau of Economic Analysis, showed mixed results for market participants. 
Via Benzinga
Topics ETFs Economy
Exposures Interest Rates
What's Going On With Tech Giant Meta's Stock Today?
Meta Platforms Inc (NASDAQ: META) shares declined as the company faces its first EU antitrust fine for linking Marketplace with Facebook. The European Commission accuses Meta of unfairly bundling the... 
Via Benzinga
Stocks Rebound As US Economy Flexes Muscles, Small Caps Rally, Gold Falls: What's Driving Markets Thursday?
Wall Street strongly rebounded Thursday after Wednesday’s slump, driven by stronger-than-expected economic growth in the last quarter, countering concerns of a slowdown. 
Via Benzinga
Topics Economy
Exposures Economy
Are Stocks Rolling Over In A Risk-Off Manner?
In this week's video, we'll review the latest charts to help us answer the question - are we looking at a bare Market, a correction, a pullback healthy rotation, or higher highs on the way? 
Via Talk Markets
What's Going On With Google's Parent Alphabet Stock On Thursday?
The Italian Competition Authority is investigating Google and Alphabet (NASDAQ: GOOG) for their methods of obtaining user consent to link data across services like Google Search, YouTube, and Chrome.... 
Via Benzinga
What's Going On With Meta Platforms Shares On Thursday?
Meta Platforms is in talks to acquire a 5% stake in EssilorLuxottica, valued at about 4.5 billion euros ($5 billion). 
Via Benzinga
Warner Bros Discovery Shares Are Surging Thursday As CEO Considers Asset Sales, Spinoff
Warner Bros Discovery shares rose after reports of a possible restructuring to bolster its dismal outlook and stock price. 
Via Benzinga
Google To Reportedly Acquire Wiz: ETFs In Focus
According to a report from the Wall Street Journal, Google’s parent company Alphabet is reportedly in talks to acquire cyber security startup Wiz for $23 billion. The potential deal has put ETFs with a... 
Via Talk Markets
Topics ETFs
Google's Potential $23B Wiz Acquisition Set To Enhance Cloud Security
Alphabet Inc. (NASDAQ: GOOGL) is in advanced negotiations to acquire cloud security firm Wiz for up to $23 billion. This acquisition would enhance Google's cloud security offerings, allowing it to... 
Via Benzinga
S&P 500 Prints New Record Highs Ahead Of Powell Speech; Russell 2000 Rally Continues, Trump Stocks Spike: What's Driving Markets Monday?
The U.S. stock market, represented by the index of the 500 largest companies by market capitalization, jumped to new all-time highs at the start of the week, as investors eagerly await Fed Chair Jerome... 
Via Benzinga
Topics Economy Government Stocks
Exposures Interest Rates Political US Equities
Weekly Market Pulse: The Soft Landing Zone
The Consumer Price Index actually fell in June by 0.1% but the year over year change was still 3%, a full percent higher than the Fed’s target. 
Via Talk Markets
Topics Economy
Exposures Interest Rates
Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday?
It’s another memorable day for the stock market, as the blue-chip Dow Jones Industrial Average Index reaches new record highs, surpassing the 40,000-mark milestone and breaking the previous peak set in... 
Via Benzinga
Topics Stocks
Exposures US Equities
Dovish Not Dovish
S&P 500 was slowly crawling higher premarket again, but turned disappointed over Powell testimony – and Russell 2000 even more. Not that he would bring up rate hikes, but didn‘t commit to rate cuts... 
Via Talk Markets
Topics Stocks
Exposures US Equities
Stocks Are Breaking Down Beneath The Surface
Stocks and sectors are showing real signs of weakness despite the headline indexes going higher. 
Via Talk Markets
S&P 500 Hits Record Highs, Eyes 6th Straight Gain As Powell Keeps Bears At Bay; Tesla Targets 10th Consecutive Win, Bank Stocks Rally: What's Driving Markets Tuesday?
The S&P 500 index climbed to new all-time highs, rising 0.3% during Tuesday’s session, aiming for a potential sixth consecutive positive close and remaining resilient after Fed Chair Jerome Powell‘s... 
Via Benzinga
Topics Economy Stocks
Exposures Interest Rates US Equities
Stocks Hold Steady, Small Caps Rise, French Equities Slip After Surprise Win By Left-Wing Bloc: What's Driving Markets Monday?
U.S. stocks started the week on a neutral note, with the S&P 500 and Nasdaq 100 indices hovering around the flatline by midday trading in New York. This comes after both indices reached fresh record... 
Via Benzinga
How Developing Traders Are Most Likely To Succeed
Just as important as how to trade is knowing what to trade. Because the stock market is so diverse, with so many sectors and companies, developing traders are most likely to succeed by focusing their... 
Via Talk Markets
Magnificent 7 Stocks Propel S&P 500, Nasdaq 100 To Record Highs As Jobs Data Fuels Rate Cut Bets; Gold Miners Rally: What's Driving Markets Friday?
S&P 500 and Nasdaq 100 indices surged to new all-time highs on Friday, driven primarily by a rally in Magnificent Seven stocks, which collectively reached a market capitalization exceeding $16... 
Via Benzinga
Topics Stocks
Exposures US Equities
Meta Platforms Stock Hits All Time High On Friday - What's Going On?
Meta's stock hits 52-week high as it invests in AI. Releases pre-trained models using multi-token prediction method. Plans to incorporate generative AI in metaverse games. Threads has 175M monthly... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Green Dreams vs. AI Reality: Google's Emissions Soar Amid Tech Expansion
Alphabet Iowned Google saw a nearly 50% surge in emissions over the past five years due to AI integration, challenging its 2030 carbon elimination goal. Google's 2023 emissions reached 14.3 million... 
Via Benzinga
Topics Artificial Intelligence Emissions
Exposures Artificial Intelligence
Time To Cash Out? Analyst Recommends Tapping Into Meta As Prime Funding Source
Laura Martin of Needham reiterated Underperform rating on Meta Platforms, citing concerns from discussions with former employees and a social media ad agency CEO. The analyst notes that generative AI... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
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