The Technology Select Sector SPDR Fund (XLK) showed weak performance in Q1 2026 due to broad market volatility rather than sector weakness. XLK's focus on leading tech and semiconductor companies ties its prospects closely to the ongoing boom in AI and semiconductor infrastructure. Despite not being cheap and having above-average volatility, XLK benefits from high liquidity, low fees, and strong earnings expectations supported by robust IT and AI capital spending. This makes XLK an attractive option for investors looking to capitalize on sustained double-digit earnings growth in the tech sector after recent market selloffs driven by fear and uncertainty.
State Street Investment Management has filed for four new ETFs targeting the energy, technology, consumer staples, and consumer discretionary sectors. These new ETFs differ from existing ones by using uncapped S&P 500 sector indexes, allowing more co...
The Q2 2026 earnings season is expected to show strong growth with the S&P 500 projected to deliver a 23.3% earnings increase, led by technology and energy sectors. Tech gains are fueled by AI investments and semiconductor demand, while energy benefi...
