Communications services companies are experiencing a downturn as traders hedge their bets on the upcoming election and Federal Reserve prospects. This has led to a decrease in the overall performance of the communications services sector. Investors are being cautious and adjusting their strategies in response to the uncertainty surrounding these key events. As a result, the market for communications services has seen a decline in recent days. It remains to be seen how the sector will fare in the coming weeks as the election and Federal Reserve decisions draw nearer.