State Street Communication Services Select Sector SPDR ETF
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Retail investors are upbeat about the stock market's near-term prospects, despite lingering uncertainty around the Fed policy outlook.
State Street Investment Management (SSIM) has been the investment advisor for the Select Sector SPDR ETFs since 1998. It will now take over the distribution and marketing for these funds.
Matt Camuso, Head of ETF Solutions at BNY Investments, says there are $13 trillion of assets in ETFs. That's compared to $5 trillion a year prior.
The telecom sector surges ahead of the S&P 500 as Verizon and AT&T post solid Q3 results, fueling optimism for 2025 growth.
The stock market is historically expensive. Even as a recession is more and more plausible in the near future. Fortunately, many defensive dividend payers remain opportunistic.
The technology sector gets a lot of love from financial media, retail investors and sell-side firms. It's home to the biggest players in the ongoing AI rally, as well as most of the Magnificent Seven stocks.
IXP and XLC are two perfectly acceptable ETF's for investing in the overall Communications Services sector. The sector performance has been very good and the outlook remains attractive. IXP has a global focus, while XLC only holds equity in the companies in from the S&P 500. ETFs provide ease-of-use and instant diversification, but they have disadvantages as well.
ETFs saw $19B in inflows last week, led by fixed income, with XLC, VOO, IVV, VCSH and SGOV topping the asset creation list.
July U.S. ETFs saw gains in both flows and AUM as well as another elevated round of launches. In the tidal wave of funds coming to market, a few ETF strategies stand out for their innovation or for notable opportunities they provide.
The S&P 500 hit record highs multiple times in late July 2025. While investors seeking capital appreciation should be thrilled, those wanting income from their equity investments are likely a little disappointed.
Wednesday, July 23 came and went with another spate of earnings to report. While the still-hot theme of artificial intelligence (AI) living through big tech earnings may grab headlines, the communications sector specifically may also speak to investors.
Today's market reminds us of 1999 in many ways. REITs were hated. Tech was loved. But afterward, REITs strongly outperformed. Here's why it could happen again.
XLC is outperforming in 2024, with broad-based rallies beyond just mega-cap names like Alphabet, Meta, and Netflix. The sector's diverse composition and reasonable valuation (P/E ~18) provide room for multiple expansion and continued outperformance. Recent earnings and macro trends suggest markets were too pessimistic, and the economic backdrop supports further gains for XLC.
Top ETFs like ITA, SOCL, GRID, XLC and XLI soared in 1H25 and are displaying signals for a strong 2H rally.
Matt Bartolini, State Street Head of SPDR Americas Research and John Davi, Astoria Portfolio Advisors CIO, sit down with CNBC's Dominic Chu to discuss how ETF investors are reacting to growing Middle East tensions
The U.S. remains the dominant global economic power, but ongoing trade tensions may threaten its long-term leadership. I continue to invest in American businesses, but believe diversifying internationally is prudent for long-term wealth building. Uncertainty from U.S. trade policies could prompt other nations to unify and reduce reliance on America, shifting global dynamics.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
I am upgrading the Communication Services Select Sector SPDR ETF Fund from a hold to a buy, due to compelling valuation and technical indicators suggesting a near-term bottom. XLC's valuation is attractive at 17x forward earnings, significantly below its 5-year average, and its technicals indicate potential support around the $82-$83 zone. XLC is heavily weighted towards megacaps like GOOG, META, and NFLX, which command 35% of the portfolio, making their fundamentals and technicals crucial.
A second round of tariffs imposed on Canada, China and Mexico by President Donald Trump takes effect today. These ETF areas would be impacted.
These sectors and their related stocks and ETFs could be under the spotlight amid the escalating trade tensions.