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

98.56 +1.17 (+1.20%)
Streaming Delayed Price Updated: 2:11 PM EST, Jan 21, 2025 Add to My Watchlist
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Headline News about The Communication Services Select Sector SPDR Fund

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S&P 500 Nears 6-Day Slide, Nasdaq 100 Faces Worst Week Since Late 2022: What's Driving Markets Friday?
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 Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What's Driving Markets Thursday?
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
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
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
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
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?
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
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
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
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'
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
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?
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'
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?
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?
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
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
Stocks Rally With Google, Tesla At The Helm, But Rising Oil Prices Spark Inflation Fears: What's Driving Markets Monday?
Wall Street started the new week on a strong footing, as all major U.S. indices displayed gains during midday trading on Monday, highlighting investor confidence in the continued growth of AI-driven... 
Via Benzinga
Topics Economy
Exposures Interest Rates
Weekly Market Pulse: An Economic Overview
Over the last two years, the evolution of the US economy has been driven by a return to “normal”. 
Via Talk Markets
Topics Economy
Exposures Economy
Shorting The Broad Stock Market Is Probably Not The Best Way To Go
If you want to short the stock market, it may be best to be focused rather than painting with a broad brush. 
Via Talk Markets
Meta's Strategy Against Election Disinformation - CrowdTangle Shutdown and New Initiatives
Meta Platforms Inc (NASDAQ: META) is discontinuing CrowdTangle, a data tool used by researchers and journalists, and replacing it with Meta Content Library. News outlets will be excluded. Concerns... 
Via Benzinga
'Oppenheimer' Scoops The 96th Academy Awards With 7 Oscars: Emma Stone A Second Actress Award For 'Poor Things'
Winners of the Academy Awards — and how the film company stocks are doing after the show. 
Via Benzinga
Stock Buybacks To Top $1 Trillion In 2025, Goldman Says
Earnings growth at Magnificent Seven tech titans will spur record repurchases. 
Via Investor's Business Daily
Stocks Fall As Chipmakers Retreat From Highs, Bitcoin Pulls Back After $70,000, Gold Rises To $2,200: What's Driving Markets Friday?
The stock market is navigating a mixed closing session this week, with the S&P 500 and Nasdaq 100 struggling to stave off a weekly downturn. 
Via Benzinga
Struggling Signals: Comcast's Death Cross, The Quandary Of Cable
Comcast Corp just triggered a Death Cross, a bearish signal, due to headwinds and underperformance. Analysts have mixed outlook, with low target of $44 and consensus of $49.64. 
Via Benzinga
S&P 500 Index Closes At Record Heights, Reaches Most Overbought Conditions Since January 2020
S&P 500 index at 5,171 points, up 1% and hitting new highs. Week's rally is 17th in 19 weeks, with strong breadth and diverse sector performance. 
Via Benzinga
Topics Stocks
Exposures US Equities
S&P 500 Reclaims All-Time Highs As Powell Hints At Rate Cuts, Nvidia Breaks $900, Bitcoin Nears Record Levels: What's Driving Market Thursday?
The S&P 500 soared past the 5,150-point mark during midday trading in New York, reclaiming its record-high territory set earlier in the week. 
Via Benzinga
Topics Stocks
Exposures US Equities
Meta's Strategy Shift: Direct Engagement with Advertisers as Authorized Sales Program Winds Down
Meta Platforms Inc (NASDAQ: META) to end sales partner program, focusing on direct engagement with advertisers. Shift aims to streamline operations. 
Via Benzinga
Bears Prowl Wall Street As Magnificent 7 Tumble; Bitcoin Sinks After Record High: What's Driving Markets Tuesday?
Wall Street indices in the red as tech stocks plunge. Tesla down 4%, Apple down 2.7%. ISM Services PMI lower than expected. Bitcoin hits record high before dropping 6%. Treasury yields down, gold up.... 
Via Benzinga
Stocks Stall, Magnificent 7 Crack As Apple, Tesla And Google Face Headwinds; Bitcoin, Gold Eye Record Highs: What's Driving Markets Monday?
It’s a quiet start to the week on Wall Street, with major stock indices hovering around the flatline as of midday in New York. 
Via Benzinga
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