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S&P 500 Communication Sector SPDR
(NY:
XLC
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83.70
+1.54 (+1.87%)
Official Closing Price
Updated: 8:00 PM EDT, Jul 26, 2024
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Headline News about S&P 500 Communication Sector SPDR
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Wall Street Enjoys Late-Week Rally On Benign Inflation Data, Dow Jones Eyes Best Session Of 2024, Tech Unwinding Stalls: What's Driving Markets Friday?
July 26, 2024
After a turbulent week in the markets, the bulls reclaimed dominance on Wall Street during Friday’s session, with indices and sectors trading in positive territory as investors welcomed the latest...
Via
Benzinga
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Fed's Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021, But Core Remains Sticky: 10 ETFs To Monitor Thursday
July 26, 2024
The latest Fed's favorite inflation report, unveiled Friday by the Bureau of Economic Analysis, showed mixed results for market participants.
Via
Benzinga
Topics
ETFs
Economy
Exposures
Interest Rates
What's Going On With Tech Giant Meta's Stock Today?
July 25, 2024
Meta Platforms Inc (NASDAQ: META) shares declined as the company faces its first EU antitrust fine for linking Marketplace with Facebook. The European Commission accuses Meta of unfairly bundling the...
Via
Benzinga
Stocks Rebound As US Economy Flexes Muscles, Small Caps Rally, Gold Falls: What's Driving Markets Thursday?
July 25, 2024
Wall Street strongly rebounded Thursday after Wednesday’s slump, driven by stronger-than-expected economic growth in the last quarter, countering concerns of a slowdown.
Via
Benzinga
Topics
Economy
Exposures
Economy
Are Stocks Rolling Over In A Risk-Off Manner?
July 20, 2024
In this week's video, we'll review the latest charts to help us answer the question - are we looking at a bare Market, a correction, a pullback healthy rotation, or higher highs on the way?
Via
Talk Markets
What's Going On With Google's Parent Alphabet Stock On Thursday?
July 18, 2024
The Italian Competition Authority is investigating Google and Alphabet (NASDAQ: GOOG) for their methods of obtaining user consent to link data across services like Google Search, YouTube, and Chrome....
Via
Benzinga
What's Going On With Meta Platforms Shares On Thursday?
July 18, 2024
Meta Platforms is in talks to acquire a 5% stake in EssilorLuxottica, valued at about 4.5 billion euros ($5 billion).
Via
Benzinga
Warner Bros Discovery Shares Are Surging Thursday As CEO Considers Asset Sales, Spinoff
July 18, 2024
Warner Bros Discovery shares rose after reports of a possible restructuring to bolster its dismal outlook and stock price.
Via
Benzinga
Google To Reportedly Acquire Wiz: ETFs In Focus
July 17, 2024
According to a report from the Wall Street Journal, Google’s parent company Alphabet is reportedly in talks to acquire cyber security startup Wiz for $23 billion. The potential deal has put ETFs with a...
Via
Talk Markets
Topics
ETFs
Google's Potential $23B Wiz Acquisition Set To Enhance Cloud Security
July 16, 2024
Alphabet Inc. (NASDAQ: GOOGL) is in advanced negotiations to acquire cloud security firm Wiz for up to $23 billion. This acquisition would enhance Google's cloud security offerings, allowing it to...
Via
Benzinga
S&P 500 Prints New Record Highs Ahead Of Powell Speech; Russell 2000 Rally Continues, Trump Stocks Spike: What's Driving Markets Monday?
July 15, 2024
The U.S. stock market, represented by the index of the 500 largest companies by market capitalization, jumped to new all-time highs at the start of the week, as investors eagerly await Fed Chair Jerome...
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Benzinga
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Economy
Government
Stocks
Exposures
Interest Rates
Political
US Equities
Weekly Market Pulse: The Soft Landing Zone
July 15, 2024
The Consumer Price Index actually fell in June by 0.1% but the year over year change was still 3%, a full percent higher than the Fed’s target.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday?
July 12, 2024
It’s another memorable day for the stock market, as the blue-chip Dow Jones Industrial Average Index reaches new record highs, surpassing the 40,000-mark milestone and breaking the previous peak set in...
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Dovish Not Dovish
July 10, 2024
S&P 500 was slowly crawling higher premarket again, but turned disappointed over Powell testimony – and Russell 2000 even more. Not that he would bring up rate hikes, but didn‘t commit to rate cuts...
Via
Talk Markets
Topics
Stocks
Exposures
US Equities
Stocks Are Breaking Down Beneath The Surface
July 09, 2024
Stocks and sectors are showing real signs of weakness despite the headline indexes going higher.
Via
Talk Markets
S&P 500 Hits Record Highs, Eyes 6th Straight Gain As Powell Keeps Bears At Bay; Tesla Targets 10th Consecutive Win, Bank Stocks Rally: What's Driving Markets Tuesday?
July 09, 2024
The S&P 500 index climbed to new all-time highs, rising 0.3% during Tuesday’s session, aiming for a potential sixth consecutive positive close and remaining resilient after Fed Chair Jerome Powell‘s...
Via
Benzinga
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Stocks Hold Steady, Small Caps Rise, French Equities Slip After Surprise Win By Left-Wing Bloc: What's Driving Markets Monday?
July 08, 2024
U.S. stocks started the week on a neutral note, with the S&P 500 and Nasdaq 100 indices hovering around the flatline by midday trading in New York. This comes after both indices reached fresh record...
Via
Benzinga
How Developing Traders Are Most Likely To Succeed
July 06, 2024
Just as important as how to trade is knowing what to trade. Because the stock market is so diverse, with so many sectors and companies, developing traders are most likely to succeed by focusing their...
Via
Talk Markets
Magnificent 7 Stocks Propel S&P 500, Nasdaq 100 To Record Highs As Jobs Data Fuels Rate Cut Bets; Gold Miners Rally: What's Driving Markets Friday?
July 05, 2024
S&P 500 and Nasdaq 100 indices surged to new all-time highs on Friday, driven primarily by a rally in Magnificent Seven stocks, which collectively reached a market capitalization exceeding $16...
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Meta Platforms Stock Hits All Time High On Friday - What's Going On?
July 05, 2024
Meta's stock hits 52-week high as it invests in AI. Releases pre-trained models using multi-token prediction method. Plans to incorporate generative AI in metaverse games. Threads has 175M monthly...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Green Dreams vs. AI Reality: Google's Emissions Soar Amid Tech Expansion
July 03, 2024
Alphabet Iowned Google saw a nearly 50% surge in emissions over the past five years due to AI integration, challenging its 2030 carbon elimination goal. Google's 2023 emissions reached 14.3 million...
Via
Benzinga
Topics
Artificial Intelligence
Emissions
Exposures
Artificial Intelligence
Time To Cash Out? Analyst Recommends Tapping Into Meta As Prime Funding Source
July 01, 2024
Laura Martin of Needham reiterated Underperform rating on Meta Platforms, citing concerns from discussions with former employees and a social media ad agency CEO. The analyst notes that generative AI...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Tech Sector Lags Communication Services Despite Super Micro, Nvidia Surge
June 26, 2024
The SPDR Select Sector Fund - Technology didn't outpace the Communication Services Select Sector SPDR Fund ETF.
Via
Benzinga
Google And CME Group Partner For Cloud-Based Futures Trading
June 26, 2024
Alphabet Inc. and CME Group Inc. are set to revolutionize futures and options trading by developing a new cloud-computing network in Aurora, Illinois. This partnership aims to enhance trading speeds...
Via
Benzinga
Semiconductor, Nvidia Woes Deepen; Nasdaq 100 Slips, Dow Rallies; Bitcoin Sinks To $60,400: What's Driving Markets Monday?
June 24, 2024
Wall Street faces a continuation of last week’s trend during Monday’s morning trading, with semiconductor stocks selling off heavily and dragging down the tech sector, while the broader market remains...
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Stocks Stall As Chip Sector Struggles To Rebound; Dollar Eyes 7-Week Peak, Gold, Bitcoin Retreat: What's Driving Markets Friday?
June 21, 2024
Wall Street is experiencing a subdued and low volatility trading day Friday, despite the session coinciding with the “triple witching” day, with over $5.1 trillion of notional options exposure...
Via
Benzinga
Tech: Yes, The Best Players Are Scoring A Lot Of Points - And That's Normal
June 16, 2024
It's not a bad thing for America, Americans, or the American stock market that the largest companies in the country are going up in price. The best players are scoring a lot of points. That's perfectly...
Via
Talk Markets
Ireland's Regulation Dampens Meta's AI Ambitions In Europe
June 14, 2024
Meta Platforms postpones the European launch of its AI assistant due to data privacy concerns raised by the Irish Data Protection Commission, after advocacy group NOYB called for regulatory scrutiny...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Nasdaq 100, S&P 500 Close At Record Highs As Tech Stocks Reclaim Dominance: Thursday's Gainers & Losers
June 13, 2024
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing at 19,576 points and reaching all-time highs.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
One-Two Punch for T-Mobile: Secures DoD Contract & Uber Deal
June 13, 2024
T-Mobile selected by U.S. Navy for $2.67 billion contract for wireless solutions. Partnership with Uber allows expansion of interactive screens in rideshare vehicles.
Via
Benzinga
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