|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||111.24 - 112.16|
|52 Week Range||87.89 - 112.62|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.14%|
Yahoo Finance’s Seana Smith and Jared Blikre on the biggest stories moving the markets in midday trading Wednesday.
Last year, index providers Standard & Poor’s and MSCI previously announced the creation of the communication services sector, an expanded, refreshed look at the old telecommunications sector. In May, S&P Dow Jones Indices said the Communication Services Select Sector Index went live. On Tuesday, the Communication Services Select Sector SPDR (NYSEARCA:XLC), the first ETF dedicated to the new communication services sector, debuted.
To keep up with the new GICS changes that will transform the telecommunications services sector, State Street Global Advisors launched a new telecom ETF on Tuesday. The Communication Services Select Sector ...
The sector with some of the hottest stocks in the past decade, tech segments remain the fastest growing industries today. The “FAANG” contingent of Facebook Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Netflix, Inc. (NASDAQ: NFLX) and Google-parent Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) have resumed their upward climb after stumbling earlier in the year. Semiconductor plays like NVIDIA Corporation (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD) have also been huge sources of strength.
According to the latest data for May, US consumer sentiment was at 98, which is higher than 98.8 reported in May 2017. US consumer sentiment data, compiled by the University of Michigan and Thomson Reuters, are reported every month. Preliminary data for consumer sentiment in June are expected to be released on June 15.
The Technology Select Sector SPDR Fund (NYSEArca: XLK), the largest tech-related exchange traded fund, is up 12.40% year-to-date. That after technology was the best-performing sector in the S&P 500 last ...