Communications Stocks Fall as Investors Pull Back From Risk
Communications-services shares declined as traders retreated from risk, adding to losses in a sector facing doubts about growth tied to consumer spending. The SPDR Select Sector Communications Services ETF is now down almost 8% year to date.
November 13, 2026, 02:04 AM 777 0
The fund tracks the communications services industry group of the S&P 500. The downturn comes amid concerns about the outlook for sectors reliant on consumer spending.
Separately, investment firm GTCR asked a judge for permission to proceed with its acquisition of Cable One despite objections from lenders.
Comments (0)
No comments yet. Be the first!