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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
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Headline News about The Communication Services Select Sector SPDR Fund
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April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
April 30, 2024
Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Google Announces Layoffs Across Key Teams as It Gears Up for I/O Developer Conference
April 30, 2024
Google confirms layoffs in vital teams ahead of annual I/O conference, aiming to align resources with product priorities and reduce bureaucracy.
Via
Benzinga
Topics
Workforce
Exposures
Layoff
Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What's Driving Markets Tuesday?
April 30, 2024
Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.
Via
Benzinga
Meta Faces EU Probe For Suspected Failure To Combat Russian Disinformation: Report
April 29, 2024
The European Commission reportedly launches an investigation into Meta Platforms' Facebook and Instagram amid concerns of Russia disinformation. Suspicions of inadequate moderation have raised alarms,...
Via
Benzinga
How Long Risk-On?
April 27, 2024
While XLF disappointed Friday, it‘s doing really OK considering the rising rates – when it starts to rise, that would be a first confirmation of higher stock prices ahead.
Via
Talk Markets
US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday?
April 29, 2024
U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc....
Via
Benzinga
Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?
April 26, 2024
Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Meta's Threads Enhances User Control with New Features
April 26, 2024
Meta's Threads introduces Hidden Words feature to filter offensive and unwanted content from feeds and mentions, following Hinge's lead.
Via
Benzinga
Magnificent 7 Tumble, Wipe Out $300 Billion On Meta's Weak Guidance, Q1 Stagflation Woes
April 25, 2024
Tech stocks plummet as Magnificent 7 giants lose $303B in market value. Meta Platforms issues weak guidance, GDP growth slows and inflation rises.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
AT&T's Q1 Operating Cash Flow and Free Cash Flow Got A Boost - Does It Make A Case For Higher Dividends?
April 24, 2024
AT&T reported Q1 operating revenues of $30.03B, down 0.4%, missing consensus of $30.54B. Adjusted EPS of $0.55 beat consensus of $0.54. Mobility segment saw 741K wireless net adds. AT&T reiterated FY24...
Via
Benzinga
Meta Platforms ETFs To Buy Ahead Of Q1 Earnings
April 22, 2024
Social media giant Meta Platforms is set to release first-quarter fiscal 2024 results on Apr 24 after market close.
Via
Talk Markets
Topics
ETFs
Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?
April 24, 2024
Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the...
Via
Benzinga
Topics
Bonds
Exposures
Debt Markets
S&P 500 Nears 6-Day Slide, Nasdaq 100 Faces Worst Week Since Late 2022: What's Driving Markets Friday?
April 19, 2024
U.S. stocks are experiencing declines this Friday, on track of ending another week of negative performance.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?
April 23, 2024
Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.
Via
Benzinga
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What's Driving Markets Thursday?
April 18, 2024
Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings.
Via
Benzinga
Google's Strategic Job Cuts Reflect Ongoing Cost-Cutting Measures, Affecting Real Estate and Finance Departments
April 18, 2024
Google's Alphabet Inc announced selective layoffs to reduce costs amidst economic uncertainty. Real estate and finance departments affected.
Via
Benzinga
Topics
Workforce
Exposures
Layoff
Meta's Strategic AI Investments Enhance Ad Targeting, Boosting Revenue Projections: Analyst
April 17, 2024
Truist Securities analyst Youssef Squali maintained a Buy rating for Meta Platforms Inc and raised its price target. He expects strong revenue and earnings growth due to improved monetization and AI...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Meta's Threads Introduces Real-Time 'Recent' Filter to Enhance Search Experience
April 16, 2024
Meta introduces new filter on Threads for sorting recent search results, addressing need for real-time content. Test currently limited to select users.
Via
Benzinga
Meta to Suspend Threads in Turkey Amid Regulatory Challenges, Aims for Future Reinstatement
April 15, 2024
Meta Platforms, Inc will stop operating Threads in Turkey on April 29 due to an order from the Turkish Competition Authority, but plans to appeal and reinstate the app soon. It also lowered fees for...
Via
Benzinga
Weekly Market Pulse: Are Higher Interest Rates Good For The Economy?
April 15, 2024
Interest rates surged last week on the back of a hotter-than-expected inflation report that wasn’t actually that bad.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
Meta's Instagram Takes Steps Against Sextortion of Teenage Users
April 11, 2024
Meta Platforms, Inc (NASDAQ: META) introduces new safety measures on Instagram to protect teenagers against sextortion scams. This follows concerns about mental health impacts and will be globally...
Via
Benzinga
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
April 10, 2024
Inflation unexpectedly surges, shattering hopes for Fed rate cuts & sending stocks down. Core inflation also exceeded expectations. No sector escapes losses, with real estate hit hardest.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
S&P 500's Q1 Standouts: Energy, Communication Sectors In The Lead — 10 Top-Performing Stocks
April 02, 2024
First quarter of 2024 saw S&P 500 index surge by 9.94%, with energy and communication services sectors leading the pack. Top-performing stocks include MPC, VLO, TRGP, FANG, PSX, and META.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Historic S&P 500 Rally In Q1 Flashes Bullish Signals For 2024: 'Only The Ninth Time Since 1940'
April 02, 2024
The S&P 500 had a 10.6% total return in Q1, following a 22.3% gain since September. This historic streak is driven by strong earnings and economic resilience. Nasdaq predicts continued gains.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
New Florida Law To Ban Social Media For Kids Under 14, Require ID Checks On All Ages—What's At Stake For Meta, Snap And Tech ETFs
March 25, 2024
Florida Gov. Ron DeSantis signed a bill Monday that bans the use of social media platforms for children 13 or under.
Via
Benzinga
Weekly Market Pulse: Rational Exuberance?
March 25, 2024
There’s been a lot of talk about bubbles recently as the S&P 500 scales new heights.
Via
Talk Markets
Topics
Stocks
Exposures
US Equities
Kevin O'Leary Wants To Buy TikTok And Is Scouting For Investment: 'An Interesting Deal And I Like It'
March 22, 2024
O'Leary acknowledged a potential obstacle: the Chinese government's reluctance to relinquish TikTok's algorithm.
Via
Benzinga
Stocks Hold Steady Ahead Of Fed Meeting, Oil Eases, Bitcoin Rebounds: What's Driving Markets Wednesday?
March 20, 2024
It’s a quiet session on Wall Street Wednesday as investors remain on the sidelines, awaiting further clues on monetary policy front with the Federal Open Market Committee (FOMC) meeting scheduled for 2...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Tech Stocks Waver Ahead Of Fed Meeting, Energy Rallies, Bitcoin Plummets Below $65,000: What's Driving Markets Tuesday?
March 19, 2024
Wall Street showed a timid performance in Tuesday’s session, with investors remaining on the sidelines awaiting further indications on the future of interest rates ahead of Wednesday’s Fed meeting.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
TikTok Ban: China Has The Power To Block Sale, Gains Leverage Over Washington
March 18, 2024
The House passed a bill that could ban TikTok in the U.S. unless its Chinese owner, ByteDance, sells its U.S. operations.
Via
Benzinga
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