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Market Impact: 0.2

XLC, VZ, DIS, TMUS: Large Outflows Detected at ETF

Source: Nasdaq

Market Technicals & FlowsMedia & Entertainment

State Street’s Communication Services Select Sector SPDR ETF (XLC) recorded an estimated $185.4 million weekly outflow based on changes in shares outstanding. The withdrawal signals modestly negative investor flows for the communication-services sector, though the article provides no broader performance or fundamental catalyst.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

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