🔴 Communications ETF (HERO) is trading 3.6% down today as communications-sector weakness persists

HERO is trading 3.6% lower as communications-services weakness weighs on the ETF. Price: Not provided | % Change: -3.6%

• The group fell after Monday’s 3.6% advance; Meta Platforms slipped 0.63%, while Charter Communications extended its decline to seven sessions.
• Treasury yields near 5%, upcoming U.S. PMI data and Fed Vice Chair Barr’s remarks are encouraging caution toward rate-sensitive growth stocks. The broader market is only modestly lower, pointing to sector-specific weakness.