<div id="readability-page-1"><p>The S&amp;P 500 (SPX) rallied to another new all-time high on Wednesday, powered by tech and consumer discretionary stocks.</p><h3>Claim 55% Off TipRanks</h3>New trading tool for QQQ bulls <p>Let's break down the sectors behind the performance.</p> <h2><strong>Today's Top-Performing Sector </strong></h2> <p>Communication services was the top-performing sector on Wednesday, driven by strength from megacap names. EchoStar (SATS) was a top performer after the U.S. Federal Communications Commission green-lit its $40 billion sale of wireless spectrum to SpaceX and AT&amp;T ​(T). In addition, gains in digital advertising and media stocks helped lift the sector. </p> <p>Several communication services stocks led the sector's gains, including:</p> <ul> <li>Alphabet (GOOGL)</li> <li>EchoStar (SATS)</li> <li>Live Nation Entertainment (LYV)</li> <li>Meta Platforms (META)</li> <li>News Corp (NWSA)</li> </ul> <h2><strong>Today's Worst-Performing Sector </strong></h2> <p>Meanwhile, the utilities sector faced the largest drawdown as investors rotated out of defensive names. Long-term bond yields ticked higher following an elevated Producer Price Index (PPI) update from the Bureau of Labor Statistics (BLS). Utilities are sensitive to yields because many investors buy them for their steady dividends. When bond yields rise, those dividends become less attractive.</p> <p>Notable stocks trading lower include:</p> <ul> <li>Constellation Energy (CEG)</li> <li>NRG Energy (NRG)</li> <li>American Electric Power (AEP)</li> <li>Vistra (VST)</li> <li>Public Service Enterprise Group (PEG)</li> </ul></div>

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<p>The S&P 500 reached a new all-time high, driven by tech and consumer discretionary stocks. The communication services sector led gains, with EchoStar performing well after FCC approval of its $40 billion sale to SpaceX and AT&T. Other top performers included Alphabet and Meta Platforms. Conversely, the utilities sector declined as investors shifted away from defensive stocks due to rising bond yields, impacting companies like Constellation Energy and NRG Energy.</p>

- The S&P 500 reached a new all-time high, largely driven by gains in tech and consumer discretionary sectors.  
- The communication services sector led the way, boosted by significant performance from megacap companies like EchoStar, following FCC approval for its spectrum sale.  
- Conversely, the utilities sector experienced declines as rising bond yields made defensive stocks less attractive to investors.

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Alphabet

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Echostar

AT & T

Live Nation

News

Constellation Energy

NRG Energy

American Electric Power

Vistra

Public Service Enterprise

AT&T INC 5.000% DEP SHS REP 1/1000 PERP PFD SER A

AT&T Pref Share TBB 5.35 11/01/2066

AT&T INC DEP SHS EACH REP 1/1000TH PERP PFD SER C

Alphabet - C

News Corporation Shs B Chess Depository Interests repr 1 Sh

News Corporation Shs A Chess Depository Interests repr 1 Sh

Top Stock Gainers Today, 5/13/26