Meanwhile, Netflix is in focus as the streaming giant prepares to report earnings after the bell. The S&P 500 is up 1%, touching a one-month high, with nine of its 11 sectors trading higher.
The Vanguard Communication Services exchange-traded fund (ETF) ( VOX -1.84%) is a simple, low-cost way to invest in the sector. With just a 0.09% expense ratio, or 90 cents for every $1,000 invested, the fund is an inexpensive way to mirror the performance of the communications sector.
With the S&P 500 dominated by a few big tech stocks, this index fund looks increasingly appealing for long-term investors.
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