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Communication Services Select Sector ETF News

$80.11
+2.15 (+2.76%)
At Close: Apr 26, 2024
The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% on debut.

XLC: More Upside Is Ahead

10:50am, Wednesday, 20'th Mar 2024
The US stock market is expected to continue its bull run in 2024, with analysts predicting the S&P 500 to reach around 5400 points. The Federal Reserve is expected to initiate rate cuts, which will li
Communication Services sector had a strong performance in 2023, led by stocks like Meta Platforms, Netflix, and Alphabet. The Communication Services Select Sector SPDR Fund has outperformed the S&P 50

Communication ETF (XLC) Hits a New 52-Week High

08:01am, Tuesday, 19'th Mar 2024
For investors seeking momentum, Communication Services Select Sector SPDR ETF XLC is probably on the radar. The fund just hit a 52-week high and is up 48.1% from its 52-week low price of $54.71/share.
Capital markets appear content with playing the rate cut waiting game as the S&P 500 continues to rise to new highs. Meanwhile, renewed volatility could make investors reconsider adding an equal weigh
Bargain hunting in a market where the S&P 500 is at record levels may seem like a daunting task, but it's not impossible.

Reddit's IPO Filing Puts These ETFs in Focus

09:00am, Friday, 23'rd Feb 2024
As Reddit prepares for its stock market debut, industry observers eagerly anticipate the platform's future trajectory and its role in the ever-evolving landscape of social media and technology.
Even if you have not heard of the Magnificent Seven stocks as a group, you likely know the companies.   The Magnificent Seven comprises Apple (AAPL), Microsoft (MSFT), Amazon.com (AMZN), Nvidia (

Focus on Disney ETFs Post Q1 Earnings Beat

04:51pm, Friday, 09'th Feb 2024
Look into how Disney heavy ETFs performed after its Q1 earnings.

SPY: Up 14 Weeks Out Of Last 15 - I'm Out

12:30pm, Friday, 09'th Feb 2024
SPY: Up 14 Weeks Out Of Last 15 - I'm Out
The S&P 500's Q3 of 2023 dividends increased 0.7% to a record $144.2 billion from Q2 of 2023's $143.2 billion and were 2.7% higher than the $140.3 billion recorded in Q3 of 2022.
META shares spiked as much as 14% to a record high in aftermarket hours following its earnings results, pushing its market capitalization by $148 billion to $1.16 trillion.
Alphabet (GOOGL) reported its fourth-quarter 2023 earnings results beating Zacks Consensus Estimates for both revenue and earnings. Look into how Alphabet-heavy ETFs are affected.

January 2024 Key ETF Performance

07:15pm, Wednesday, 31'st Jan 2024
The first month of 2024 is already complete, and below is a look at the performance of various asset classes during January using key ETFs that we track closely. The S&P 500 (SPY) finished the month u

ETFs to Watch This Earnings-Packed Week

09:36am, Tuesday, 30'th Jan 2024
This week is packed with more than 100 corporate earnings, a Federal Reserve policy meeting and the job report data that may dictate the next moves for the stock market's rally.
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