🟢 Communications ETF (FCOM) is trading 1.7% up today as Meta leads communication services higher

FCOM is trading at $73.31, up 1.71%, as Meta-led communication services stocks outperform weaker markets.

• The S&P 500 Communications Services Index was up 1.62% at 9:47 a.m. EDT.
• Meta Platforms, FCOM’s largest holding at roughly 23%, was reported up 6.55%, providing the clearest direct boost.
• Broader markets remain weaker amid AI-slowdown concerns, higher oil prices, and elevated Federal Reserve rate-hike expectations, making FCOM’s relative strength primarily sector-specific.