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

82.53 +0.52 (+0.64%)
Streaming Delayed Price Updated: 3:20 PM EDT, May 15, 2024 Add to My Watchlist
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Headline News about S&P 500 Communication Sector SPDR

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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 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
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
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
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
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
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 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
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
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
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
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
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
Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What's Driving Markets Wednesday?
Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the... 
Via Benzinga
Topics Bonds
Exposures Debt Markets
AT&T's Q1 Operating Cash Flow and Free Cash Flow Got A Boost - Does It Make A Case For Higher Dividends?
AT&T reported Q1 operating revenues of $30.03B, down 0.4%, missing consensus of $30.54B. Adjusted EPS of $0.55 beat consensus of $0.54. Mobility segment saw 741K wireless net adds. AT&T reiterated FY24... 
Via Benzinga
Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?
Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings. 
Via Benzinga
Topics Economy Stocks
Exposures Interest Rates US Equities
Meta Platforms ETFs To Buy Ahead Of Q1 Earnings
​​​​​​​Social media giant Meta Platforms is set to release first-quarter fiscal 2024 results on Apr 24 after market close. 
Via Talk Markets
Topics ETFs
S&P 500 Nears 6-Day Slide, Nasdaq 100 Faces Worst Week Since Late 2022: What's Driving Markets Friday?
U.S. stocks are experiencing declines this Friday, on track of ending another week of negative performance. 
Via Benzinga
Topics Stocks
Exposures US Equities
Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What's Driving Markets Thursday?
Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings. 
Via Benzinga
Google's Strategic Job Cuts Reflect Ongoing Cost-Cutting Measures, Affecting Real Estate and Finance Departments
Google's Alphabet Inc announced selective layoffs to reduce costs amidst economic uncertainty. Real estate and finance departments affected. 
Via Benzinga
Topics Workforce
Exposures Layoff
Meta's Strategic AI Investments Enhance Ad Targeting, Boosting Revenue Projections: Analyst
Truist Securities analyst Youssef Squali maintained a Buy rating for Meta Platforms Inc and raised its price target. He expects strong revenue and earnings growth due to improved monetization and AI... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Meta's Threads Introduces Real-Time 'Recent' Filter to Enhance Search Experience
Meta introduces new filter on Threads for sorting recent search results, addressing need for real-time content. Test currently limited to select users. 
Via Benzinga
Meta to Suspend Threads in Turkey Amid Regulatory Challenges, Aims for Future Reinstatement
Meta Platforms, Inc will stop operating Threads in Turkey on April 29 due to an order from the Turkish Competition Authority, but plans to appeal and reinstate the app soon. It also lowered fees for... 
Via Benzinga
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