On Monday the SP500 is creating a new Communications sector which may affect ETFs.


Market-leading companies including Alphabet, Facebook and Netflix are changing S&P 500 sectors on Monday. The New S&P Communications sector that replaces the telecom index will include these big technology stocks, changing the nature of what has been one of the market’s best defensive and highest-dividend yield stock strategies.

Major S&P tech sector re-organization to take effect Monday from CNBC.