Communication Services Select Sector ETF News

The S&P 500 surged this year, but four sectors performed even better.

Communication services so permeate the economy that they are pretty close to a no-brainer investment. These stocks make up nearly 50% of the XLC.

In trading on Monday, shares of the The Communication Services Select Sector SPDR Fund ETF (Symbol: XLC) crossed below their 200 day moving average of $79.10, changing hands as low as $78.76 per share. The Communication Services Select Sector SPDR Fund shares are currently trading off about 0.5% on the day. The chart below shows [] The post XLC Makes Notable Cross Below Critical Moving Average appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

CNBC's Morgan Brennan brings 'Squawk on the Street' Wednesday's edition of ETF Spotlight where she highlights the communication services sector. Top holdings include Meta, Alphabet and T-Mobile, which

S&P 500 quarterly buybacks are on their toward $200 billion and are now 11% behind from their all-time high of $$23 billion set in Q4 2018.

Wall Street has been on a negative mood. But the holiday season is peeking in.

These funds are at the mercy of concentrated holdings.

With support from the search, advertising, cloud and YouTube businesses, Google (GOOGL) has posted better-than-expected Q2 earnings results amid the coronavirus pandemic.

Communication Services ETFs usually do not get investors' attention

If Snap delivers a positive earnings surprise, these bets could swiftly unwind, resulting in upward pressure on the share price.

XLC: Take A Position

Big tech stocks are likely to remain immune to inflation due to their different kind of business model.

The need to show a three-year track record is becoming less important.

Five of the ETF's largest stocks are rated very bullishly. The XLC has underperformed recently.

These ETFs should make a winning portfolio for June.