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

92.04 -0.81 (-0.87%)
Official Closing Price Updated: 8:00 PM EDT, Oct 31, 2024 Add to My Watchlist
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Headline News about S&P 500 Communication Sector SPDR

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Stocks Tumble, Nasdaq 100 Selloffs As Tech Giants Disappoint, Crypto Companies Plummet: What's Driving Markets Thursday?
Risk aversion swept across markets on Thursday as investor disappointment over third-quarter tech earnings triggered the steepest drop in major U.S. indices in nearly two months. 
Via Benzinga
Wall Street Mixed, Semiconductors Tumble As AMD Disappoints, Alphabet Rallies, SMCI Plummets: What's Driving Markets Wednesday?
Wall Street experienced a mixed trading session on Wednesday as investors weigh a batch of corporate earnings and fresh economic data. 
Via Benzinga
Alphabet's Earnings Rally Pushes Magnificent 7 Market Cap To Record $16.8 Trillion: 10 Tech-Heavy ETFs Moving Wednesday
Alphabet Inc. (NASDAQ: GOOGL) reports beats expectations in Q3, driving combined market cap of tech giants to $16.8T. 
Via Benzinga
Topics ETFs
Stocks Fall, GM Eyes Best Day In A Year, Gold Breaks Records, Silver Hits 12-Year Highs: What's Driving Markets Tuesday?
Wall Street traded lower for the second consecutive day on Tuesday, as investor sentiment turned cautious with the U.S. presidential election just two weeks away. Concerns over U.S. fiscal policies and... 
Via Benzinga
Meta's Smart Glasses Dominate Ray-Ban Stores, AI Features Still Missing
Ray-Ban Meta glasses are the top-selling product in 60% of European stores, driving significant sales for parent company EssilorLuxottica. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Stocks Fall As Treasury Yields, Dollar Rise; Nvidia Hits Record Highs: What's Driving Markets Monday?
U.S. major indices fell on Monday as rising Treasury yields and a strengthening dollar dampened risk sentiment. Investors are reassessing the economic outlook and weighing potential risks tied to the... 
Via Benzinga
Stocks Rise, Netflix Soars To Record Highs, Oil Falls Below $70, Gold Miners Rally: What's Driving Markets Friday?
Wall Street was in positive territory in Friday midday trading, buoyed by upbeat quarterly earnings reports that kept investor sentiment bullish. 
Via Benzinga
Chipmakers Rally, Nvidia Smashes Records On TSMC Blowout Earnings, Gold Hit All-Time Highs: What's Driving Market Thursday?
A semiconductor rally pushed the S&P 500 to new all-time highs on Thursday, with strong earnings from Taiwan Semiconductor Manufacturing Co. Ltd. 
Via Benzinga
Tech Stocks Stall, Small Caps Surge As Regional Banks Rally, Airlines Rocket: What's Driving Markets Wednesday?
Small-cap stocks outperformed large caps in Wednesday's session, with the Russell 2000 Index surging to test July 2024 highs on the back of expectations for interest rate cuts and a strong rally in... 
Via Benzinga
Warner Bros. Discovery To Launch Max In Southeast Asia As Competitor Cutbacks
Warner Bros. Discovery is set to launch its streaming service Max in Southeast Asia on November 19, expanding its global reach amid competitor cutbacks in content investment. 
Via Benzinga
Tech’s Triumph Is Imminent
We’re seeing capital flow into the right areas of the market now, which signals that the current rally has legs. 
Via Talk Markets
Markets: Are You Making Things Harder Than They Need To Be?
In this week's video, we'll review the latest charts and studies to help us answer the question in the stock market 
Via Talk Markets
Visualizing The S&P 500’s Domestic And Foreign Revenues
While foreign revenues made up just 28% of the S&P 500’s revenues in 2023, some sectors are more exposed to foreign sales than others. 
Via Talk Markets
Topics Stocks
Exposures US Equities
Consequences of NFPs Surprise That Wasn’t
The week had been going great across all assets on my watch. 
Via Talk Markets
T-Mobile Surpasses 2021 Capital Markets Day Goals, Sets New Ambitions, Boosts Dividend & More
T-Mobile unveils 3-year plan for growth, AI partnerships, and dividend increase. Aims for $75B-76B in service revenue and 5G broadband expansion. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Meta Braces for Costly EU Fine Over Marketplace: Report
Meta Platforms reportedly faces EU fine for monopolizing classified ad market, but denies allegations and collaborates with regulators. 
Via Benzinga
Wall Street Aims For Fifth Straight Gain, Small Caps Soar As 2-Year Yields Hit 2-Year Lows, Adobe Sinks: What's Driving Markets Friday?
Wall Street rallies on anticipation of Fed rate cut, with all sectors in green. Gold & silver reach historic highs, while stocks & ETFs surge. 
Via Benzinga
Topics ETFs Economy
Exposures Interest Rates
Stocks Edge Up As Producer Inflation Supports Rate Cut Bets, Small Caps, Miners Rally: What's Driving Markets Thursday?
At midday on Thursday, Wall Street was showing slight gains, with small caps leading the charge. The Russell 2000 index surged 1.2%, outperforming large-cap indices in a notable rebound. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Google Blocks Android Auto Access, May Violate EU Rules, According To Court Adviser
Google may have violated competition laws by refusing to grant Enel's Juice Pass app access to its Android Auto platform, according to an EU court. 
Via Benzinga
Elusive SPY Bounce
S&P 500 had a troubled day of retracement rejection – little wonder after poor JOLTs figure and Beige Book recognizing real economy (job market) challenges. 
Via Talk Markets
Topics Economy Stocks
Exposures Economy US Equities
Real Estate Roars Back
Bears are still stuck playing defense in this market following the volatility earlier this month. But on Friday, Fed Chair Powell came out and confirmed what we already knew: Rate cuts are coming in... 
Via Talk Markets
Topics Economy
Exposures Interest Rates
Are The Charts Starting To Drift From The Soft-Landing Script?
In this week's video, we'll review the latest charts to help us answer the question: Are the charts starting to drift from the soft landing bull market script? 
Via Talk Markets
Meta Blasts Professor Lawsuit Over User Control Of Facebook As 'Baseless'
College professor sues Meta Platforms (NASDAQ: META) for not allowing his browser extension to unfollow everything on Facebook, citing Section 230. 
Via Benzinga
Topics Lawsuit
Exposures Financial Legal
Google And Energix Partner On 1.5GW Solar Project
Google and Energix Renewables signed a long-term agreement for 1.5GWp of solar projects in the US by 2030, strengthening their position in the renewable energy sector. 
Via Benzinga
Alphabet's Google Faces Revived Chrome Lawsuit After Appeals Court Ruling
Google must face a revived class action lawsuit for allegedly collecting Chrome users' data without consent, according to U.S. appeals court decision. 
Via Benzinga
Topics Lawsuit
Exposures Financial Legal
Wall Street Eases, Bonds Rises, US Dollar Falls To 8-Month Low: What's Driving Markets Tuesday?
It’s a relatively uneventful session on Wall Street, but with a slightly worsening risk sentiment as all U.S. equity indices traded in the red at around midday trading in New York. 
Via Benzinga
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
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
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