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home / news releases / XLC - History suggests a strong year for the S&P 500 - CFRA's Sam Stovall

XLC - History suggests a strong year for the S&P 500 - CFRA's Sam Stovall

The Communication Services Select Sector SPDR Fund

2024-01-31 11:27:17 ET

History suggests that the S&P 500 ( SP500 ) should be on track to have a strong year, according to CFRA's U.S. equity strategist Sam Stovall, who highlighted that whenever the benchmark index advances in the opening month the market on average goes up on the entire year by roughly 16%....

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History suggests a strong year for the S&P 500 – CFRA’s Sam Stovall
Stock Information
Company Name: The Communication Services Select Sector SPDR Fund
Stock Symbol: XLC
Market: NYSE
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