XLC - Communication Services Select Sector SPDR Fund

NYSEArca - NYSEArca Delayed Price. Currency in USD
49.78
+0.19 (+0.38%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close49.59
Open49.74
Bid0.00 x 21500
Ask51.70 x 1300
Day's Range49.46 - 49.80
52 Week Range38.97 - 52.11
Volume2,084,816
Avg. Volume3,655,973
Net Assets5.63B
NAV49.58
PE Ratio (TTM)N/A
Yield0.79%
YTD Return20.65%
Beta (3Y Monthly)0.00
Expense Ratio (net)0.13%
Inception Date2018-06-18
Trade prices are not sourced from all markets
  • MarketWatch28 days ago

    Nasdaq sinks 1.5% as tech-related stocks get clobbered after Fed lowers rate-cut hopes

    Information technology shares and those related to telecoms suffered sharp losses Tuesday, as commentary from the Federal Reserve moderated hopes for a substantial reduction of benchmark borrowing costs. Rate-cut hopes have thus far underpinned equity market's record rally. The Dow Jones Industrial Average fell 0.7%, to 26,548, those for the S&P 500 index finished 1% lower at 2,917, with the info tech sector losing 1.8% and the communication services sector shedding 1.6% to lead the 11 S&P 500 sectors lower Tuesday. Shares of those companies, including Facebook Inc. have been among the best performers as the broader market carved out new records, with the S&P 500 setting its first closing record since April 30 on Thursday. As tech-related stocks got clobbered, the technology-heavy Nasdaq Composite Index endured the brunt of the day's selling, down 1.5% at 7,885, representing the worst day for the index sine June 3. Speaking at the Council on Foreign Relations in New York at 1 p.m. Eastern Time, Fed Chairman Jerome Powell said the rate-setting Federal Open Market Committee was "grappling with is whether these uncertainties will continue to weigh on the outlook and thus call for additional policy accommodation," in prepared remarks. Before that comment, St. Louis Fed President James Bullard, a dovish FOMC member who had advocated for a rate cut, said he didn't endorse an aggressive cut to benchmark rates, which stand at a range of 2.25%-2.50%.

  • MarketWatchlast month

    Disney's stock slips after Imperial Capital downgrades, citing 'record' valuation

    Shares of Walt Disney Co. fell 0.4% in premarket trading Monday, after the media and entertainment giant was downgraded by Imperial Capital analyst David Miller, citing concerns over valuation after the recent run up in price. Miller cut his rating to in line, after being at outperform since November 2018, but kept his price target at $147. The stock has soared 29.2% year to date through Friday, while the SPDR Communication Services Select Sector ETF has rallied 16.6% and the Dow Jones Industrial Average has gained 11.8%; it closed at a record of $141.74 on Thursday. Miller said Disney's stock is "now trading at record multiples," with all the bullish catalysts he was expecting when he upgraded the stock in November, including the release of "Avenger's Endgame," the opening of two "Star Wars" lands, the disposal of the Regional Sports Networks and the re-financing of various 21st Century Fox debt, is now "pretty much built into the stock, in our view." He said the one bullish catalyst that hasn't yet occurred--the resumption of share buybacks--could resume as soon as about one year from now.

  • MarketWatch2 months ago

    Communication services sector paces decliners, led by Google's Alphabet and Facebook

    Communication services was the hardest hit of the S&P 500's 11 sectors, led by the sharp selloff in Google-parent Alphabet Inc. shares. The SPDR Communication Services Select Sector ETF shed 1.9% in morning trade, putting it on track for a three-month closing low, while the S&P 500 gained 0.1%. The biggest drag was Alphabet's stock, which tumbled 5.6% on fears that the Department of Justice is preparing for a potential antitrust investigation. Among other big losers, shares of Facebook Inc. dropped 3.7%, CenturyLink Inc. gave up 2.7% and Twitter Inc. slid 2.4%. Meanwhile, the biggest gainers were shares of Verizon Communications Inc. tacked on 2.0% and AT&T Inc. rose 2.0%.

  • MarketWatch2 months ago

    Sprint's stock pulls back after Bloomberg report DOJ was leaning toward not approving T-Mobile U.S. merger

    Shares of Sprint Corp. took an afternoon dip Monday, but was still 16%, after Bloomberg reported that the Department of Justice is leaning against approving T-Mobile U.S. Inc.'s buyout of the telecommunications company. The stock had rocketed as much as 27.8% in intraday trade Monday, after the Federal Communications Commission Chairman Ajit Pai said he planned to recommend the merger, after the latest commitments made by the companies. The Bloomberg report, which cited one person familiar with the DOJ review, said the reason the DOJ was leaning against approving the merger was because the remedies proposed by the companies don't go far enough to resolve antitrust concerns. Meanwhile, T-Mobile U.S.'s stock was up 2.5%, after being up as much as 7.4% earlier. The SPDR Communications Services Select Sector ETF was down 1.7% and the S&P 500 fell 0.8%.

  • Nasdaq Leads Stocks As Market Extends Rebound, But These Sectors Fall
    Investor's Business Daily2 months ago

    Nasdaq Leads Stocks As Market Extends Rebound, But These Sectors Fall

    The Nasdaq today led the market higher, as technology and internet stocks rallied and helped the indexes extend their rebound.

  • MarketWatch2 months ago

    AT&T's stock rallies after CEO gives upbeat 2020 outlook for video business

    Shares of AT&T Inc. rose 2.5% in morning trade Tuesday, after Chief Executive Randall Stephenson spoke provided an upbeat outlook for its video business in 2020. Speaking at the J.P. Morgan Global, Technology, Media and Communications Conference, Stephenson said a spike in churn in the video business should be expected this year, as the company looks to boost profitability in the business by "cleaning up" the customer base. He said a number of video customers provide "very low" average revenue per user (ARPU). "It's going to take pretty much this year to work through this customer cleanup," Stephenson said, according to a transcript provided by FactSet. By 2020, he said customer numbers can improve "significantly," as the lion share of those remaining will be of "high quality." AT&T's stock has gained 9.4% year to date, while the SPDR Communication Services Select Sector ETF has rallied 16.2% and the S&P 500 has tacked on 13.0%.

  • ETF Trends2 months ago

    Services-Related ETFs Could Standout in a Prolonged Trade War

    While the trade war dampens the economic outlook, some services-related ETFs could stand out or at least hold up much better than other sectors that rely on producing goods to turn a profit. Goldman Sachs ...

  • ETF Trends3 months ago

    5 Best Sector ETFs for April

    The month of April saw more strength for U.S. equities as the markets were boosted by more optimism coming from the Commerce Department with the U.S. economy rebounding in the first quarter, beating analysts’ ...

  • ETF Trends3 months ago

    17 Highly Targeted Sector ETFs for Late Business Cycle

    Investors should consider sector-specific ETFs to focus on targeted segments of the market, especially as U.S. markets head in to the late business cycle. On the recent webcast, How Sectors Can Help with ...

  • 5 Sector ETFs That Beat the Market in April
    Zacks3 months ago

    5 Sector ETFs That Beat the Market in April

    The gains are broad-based with a few sector ETFs easily outperforming the market in April.

  • ETF Trends3 months ago

    How Sectors Can Help with a Changing Market

    Sectors can be an efficient tool to help advisors get a leg up on a changing market. In this upcoming webcast, gain insight on navigating sector investing in the late business cycle and how to best diversify ...

  • ETFs in Focus on Alphabet's Q1 Results
    Zacks3 months ago

    ETFs in Focus on Alphabet's Q1 Results

    Let's take a look at the ETFs with double-digit exposure to Google-parent Alphabet, post its Q1 earnings release.

  • ETF Trends3 months ago

    3 Communications ETFs Retreat as Alphabet Shares See Worst Day in a Decade

    Communication services sector-specific exchange traded funds were among the worst hit Tuesday after Google’s parent company, Alphabet (NasdaqGS: GOOG), experienced its worst day in a decade in response ...

  • ETF Trends3 months ago

    8 ETFs With Facebook Weighting Above 10%

    Communication sector ETFs led the charge Thursday after Facebook (NasdaqGS: FB) posted a standout first-quarter report card that amazed many Wall Street players. Among the better performing non-leveraged ...

  • ETFs to Soar After Facebook's Solid Q1 Results
    Zacks3 months ago

    ETFs to Soar After Facebook's Solid Q1 Results

    ETFs having a larger allocation to Facebook are poised to surge post solid results.

  • MarketWatch3 months ago

    Nokia's stock plunges on heavy volume after surprise loss

    The U.S.-listed shares of Nokia Corp. plunged 9.9% toward a 6 1/2-month low in very active morning trade Thursday, after the Finland-based telecommunications giant reported a surprise first-quarter adjusted loss, citing increased competitive intensity in the early stages of 5G. Trading volume swelled to 34.9 million shares, enough to make it the most actively traded stock on major U.S. exchanges, and already above the full-day average of 23.3 million shares. Nokia reported overnight a net loss of EUR442 million ($492.5 million), or 8 cents a share, after a loss of EUR354 million, or 6 cents a share, in the year-ago period. Excluding non-recurring items, the adjusted per-share loss (euro) was 2 cents, compared with the FactSet consensus of a profit of 3 cents. Revenue rose 2% to EUR5.03 billion, above the FactSet consensus of EUR5.01 billion. Nokia's stock has lost 21% over the past three months, while the SPDR Communications Services Select Sector ETF has rallied 13% and the S&P 500 has gained 9.8%.

  • Facebook ETFs in Focus Ahead of Q1 Earnings
    Zacks3 months ago

    Facebook ETFs in Focus Ahead of Q1 Earnings

    Facebook has gained nearly 21% over the past three months. The strength is expected to continue given that Facebook has a reasonable chance of beating earnings estimates this quarter.

  • The Zacks Analyst Blog Highlights: XLY, PSJ, XLC, IAT and VIS
    Zacks3 months ago

    The Zacks Analyst Blog Highlights: XLY, PSJ, XLC, IAT and VIS

    The Zacks Analyst Blog Highlights: XLY, PSJ, XLC, IAT and VIS

  • U.S. Stocks Near Record High: Top-Ranked ETFs to Buy
    Zacks3 months ago

    U.S. Stocks Near Record High: Top-Ranked ETFs to Buy

    The encouraging trends have rekindled the appeal for riskier assets, especially the cyclical stocks that tend to outperform during periods of healthy economic growth.

  • Fed's Powell set to testify on Capitol Hill amid questions about his job security
    Yahoo Finance Video14 days ago

    Fed's Powell set to testify on Capitol Hill amid questions about his job security

    Federal Reserve Chair Jerome Powell is set to testify before lawmakers starting tomorrow. This as White House Economic Advisor Larry Kudlow addressed concerns over Powell's job security. Yahoo Finance's Seana Smith and Brian Cheung discuss.

  • Rosenblatt downgrades Apple on ‘fundamental deterioration'
    Yahoo Finance Video15 days ago

    Rosenblatt downgrades Apple on ‘fundamental deterioration'

    Rosenblatt Securities downgraded Apple to “sell” on concerns of 'fundamental deterioration' within the next year. Yahoo Finance's Dan Howley joins Seana Smith on 'The Ticker' to discuss.

  • Powell: Fed is 'insulated' from short-term political pressure
    Yahoo Finance Video28 days ago

    Powell: Fed is 'insulated' from short-term political pressure

    Fed Chair Jerome Powell said that the Fed is “insulated” from short-term political pressure, warning that huge policy mistakes can happen when the Fed is influenced by the White House. Yahoo Finance's Brian Cheung joins Seana Smith on 'The Ticker' to discuss Powell's speech at the Council on Foreign Relations.

  • UBS: Global growth estimated to drop 75bps if U.S.-China trade talks fail at the G-20
    Yahoo Finance Video29 days ago

    UBS: Global growth estimated to drop 75bps if U.S.-China trade talks fail at the G-20

    Investors watching this week's G-20 summit closely, as President Trump is expected to meet with President Xi to smooth things on the trade front. UBS predicting the global growth to drop by as much as 75 basis points should those talks fail. Wilmington Trust CIO Tony Roth joins Yahoo Finance's Seana Smith.

  • FCC votes to give phone companies power over robocalls
    Yahoo Finance Video2 months ago

    FCC votes to give phone companies power over robocalls

    The FCC voted to give phone companies permission to block suspected robocalls before they reach phones. Yahoo Finance's Seana Smith, Dan Howley, Jared Blikre discuss.