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NASDAQ:NWSA 6 December 2025 - 7 February 2026

Communication services stocks lag the rebound — what XLC investors need to know before Monday

Communication services stocks lag the rebound — what XLC investors need to know before Monday

The Communication Services Select Sector SPDR Fund (XLC) fell 0.39% to $115.76 Friday, lagging the S&P 500’s 1.97% gain. Alphabet Class C shares dropped 2.48%, Meta lost 1.31%, and News Corp slid 6%. Comcast, Netflix, and Disney rose, partly offsetting losses. Investors remain wary of heavy AI-related capital spending by big tech firms.
IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return

IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return

The IRS will stop issuing most paper tax refund checks after September 30, 2025, moving to electronic payments under an executive order. Taxpayers without direct deposit information may face a six-week delay for paper refunds. The Trump administration claims the 2026 filing season will bring record refunds under the new OBBBA law, though economists warn of possible inflation risks.
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