🟢 Communications ETF (FCOM) is trading 1.72% up today on lower oil prices and improved geopolitical sentiment

FCOM is trading 1.72% up today, driven primarily by Monday’s broad risk-on opening, lower oil prices, and macro positioning.

• U.S. equities rose as oil eased inflation concerns and supported growth-oriented sectors; Trump–Xi optimism and U.S.–China preparatory talks improved investor sentiment.
• Brent fell for a fourth session, helping rate-sensitive communications and internet companies recover.
• No major U.S. release was scheduled for September 21, 2026; Verizon’s copper-landline filing is supportive but unlikely to explain the sector-wide gain.