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S&P 500 Communication Sector SPDR (NY: XLC )

88.90 UNCHANGED
Official Closing Price Updated: 8:00 PM EDT, Sep 20, 2024 Add to My Watchlist
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Google And Magic Leap Join Forces: 'We See a Lot of Potential' In AR/VR Market
Google and Magic Leap have announced a strategic partnership to develop immersive AR experiences, integrating physical and digital realms. 
Via Benzinga
Volatility Spooks Investors As Treasury Yields, Dollar Climb Ahead Of Key Economic Releases: What's Driving Markets Wednesday?
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields. 
Via Benzinga
Topics Bonds
Exposures Debt Markets
Are Cracks Starting To Appear As Stocks Fly Into The Holiday Weekend?
In this week's video, we'll review the latest charts and data to help us answer the question: Are cracks appearing as stocks fly into the holiday weekend? 
Via Talk Markets
Google Joins The Club: Invests In Flipkart, Reportedly Boosting E-Commerce Giant's Valuation to $37B
Alphabet Inc.'s Google has joined Flipkart as a minority investor. This reported $350 million investment, along with Google's Cloud collaboration, aims to modernize Flipkart's digital infrastructure.... 
Via Benzinga
Entertainment Unleashed: Charter's Spectrum To Offer Ad-Supported Paramount+ & More At No Extra Cost
Multi-year distribution deal between Paramount Global and Charter Communications includes linear networks, stations, and streaming services. 
Via Benzinga
Google Accelerates India Manufacturing Plans, Chooses Tamil Nadu: Report
Alphabet Inc's (NASDAQ:GOOGL) Google is investing significantly in Tamil Nadu, India, to establish new smartphone production lines for its Pixel phones with Foxconn Technology Co Ltd (OTC:FXCOF).... 
Via Benzinga
Google's $1.1B Boost For Finnish AI Data Center: Details
Alphabet Inc's Google will invest an additional €1 billion in its Finland data center campus to enhance AI capabilities in Europe. This investment supports Google's commitment to sustainable... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
SPY Flag vs. Yields
The S&P500 is still in a (Bullish) flaglike consolidation, and the most important thing about Friday's tight range was downswing rejection. Broadening advance favors higher prices. 
Via Talk Markets
Meta Faces EU Investigation Over Child Safety Concerns: Report
Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, is under EU scrutiny for potential violations of child safety rules under the Digital Services Act (DSA). The European... 
Via Benzinga
Paramount Explores Partnership Expansion With Amazon: Report
Paramount Global is reportedly discussing a potential media partnership expansion with Amazon, focusing on bundling channel sales and advertising. Paramount+, already featured on Amazon's Channels... 
Via Benzinga
Meta Pulls Plug On Enterprise Communication Tool Workspace After 10 Years
Meta Platforms Inc (NASDAQ:META) announces the shutdown of Workplace, its business communication platform, marking a pivotal shift in enterprise strategy. Learn how this closure impacts Facebook's... 
Via Benzinga
Wall Street Trades Flat On Mixed Producer Inflation; Meme Stocks See Wild Ride, Bitcoin Drops: What's Driving Markets Tuesday?
Wall Street is experiencing a subdued trading session, with all major indices showing minimal movement around midday in New York. 
Via Benzinga
Alphabet's Autonomous Vehicle Unit Waymo Faces Scrutiny Over Traffic Violations
U.S. auto safety regulators probe Waymo self-driving vehicles for potential traffic violations, following 17 collisions. NHTSA examines 444 vehicles after reports of erratic behavior near traffic... 
Via Benzinga
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Google Parent Alphabet Eyes HubSpot Acquisition: Bloomberg
Alphabet Inc (NASDAQ:GOOGL) eyes HubSpot Inc. (NYSE: HUBS) in a strategic move poised to reshape the CRM sector. With HubSpot's soaring market capitalization and Alphabet's vision to bolster its CRM... 
Via Benzinga
Communications, Energy Are 2024’s Sector Leaders For US Stocks
The upside momentum in the US stock market so far this year continues to be led by rallies in communications services and energy shares, based on a set of ETFs through Monday’s close (May 6). 
Via Talk Markets
Topics ETFs
Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What's Driving Markets Friday?
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year. 
Via Benzinga
Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively... 
Via Benzinga
Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift
Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged. 
Via Benzinga
Topics Stocks
Exposures US Equities
Wall Street Inches Up After Powell's Inflation Remarks; Chipmakers Rebound; Gold, Crude Falter: What's Driving Markets Thursday?
U.S. stock markets surged during Thursday’s midday trading session in New York, with major averages all showing gains. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Google Announces Layoffs Across Key Teams as It Gears Up for I/O Developer Conference
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
Meta Faces EU Probe For Suspected Failure To Combat Russian Disinformation: Report
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
US Stocks Mixed Ahead Of Fed Meeting, Chipmakers Tumble After AMD Earnings, Bitcoin Sinks: What's Driving Markets Wednesday?
Traders are treading cautiously in Wednesday’s session, seeking more clarity on the Federal Reserve’s stance with inflation reports exceeding expectations. 
Via Benzinga
Topics Economy
Exposures Interest Rates
How Long Risk-On?
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
Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?
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
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
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
Meta's Threads Enhances User Control with New Features
Meta's Threads introduces Hidden Words feature to filter offensive and unwanted content from feeds and mentions, following Hinge's lead. 
Via Benzinga
Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What's Driving Markets Tuesday?
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
Magnificent 7 Tumble, Wipe Out $300 Billion On Meta's Weak Guidance, Q1 Stagflation Woes
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
US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday?
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
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