Communication Services Sector Struggles in Q1 Amid Geopolitical Tension
ByAinvest
Wednesday, Apr 1, 2026 1:37 pm ET1min read
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The Communication Services Select Sector SPDR Fund ETF (XLC) had a weak Q1 performance due to investor sentiment being heavily affected by geopolitical tensions in the Middle East. Verizon (VZ) topped the chart, while Twilio (TTD), Disney (DIS) were among the losers. The sector, comprising companies such as Alphabet (GOOGL), Facebook (FB), and Netflix (NFLX), faced challenges amidst global uncertainty.
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