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Index

All articles tagged with #index

finance1 year ago•3 min saved

"Amazon's Inclusion in the Dow Jones Industrial Average: A Mixed Blessing for Investors"

Amazon is replacing Walgreens Boots Alliance in the Dow Jones Industrial Average, while Uber is joining the Dow Jones Transportation Average. However, historical data suggests that stocks deleted from an index often outperform the stocks that replace them. Studies have shown that deleted stocks tend to be down on their luck, while the stocks chosen to replace them are typically riding high. Post-announcement volatility is expected, but the impact of index-change announcements has been steadily declining. The price impact of a change to the Dow is expected to be smaller than for other indices due to the Dow being a price-weighted index.

via MarketWatch|

#amazon #dow-jones #finance

finance2 years ago•3 min saved

Uber's S&P 500 Inclusion Sparks Active Investor Interest

Uber's stock rose 2.2% after news broke that the company would be joining the S&P 500, a move that will attract forced buyers of the stock due to over $7 trillion tracking the index. Joining the S&P 500 is a significant milestone for Uber, as it solidifies its position as a major player in the U.S. equity market. This development also serves as a reminder that investors buying ETFs or mutual funds tracking the S&P 500 are not as passive as the term "passive investing" suggests. The index has seen over 700 changes since 1995, with some of the current market leaders, such as Tesla and Amazon, only being added relatively recently. The inclusion of Uber, along with manufacturers Jabil and Builders FirstSource, reflects the changing dynamics of the market and the rise of sectors like ridesharing and manufacturing.

via Yahoo Finance|

#finance #index #passive-investing

business2 years ago•0 min saved

Uber's Inclusion in S&P 500 Boosts Stock and Signals Maturity

Uber Technologies has officially joined the S&P 500 index, becoming one of the latest additions to the stock market index.

via Barron's|

#business #index #market

finance2 years ago•0 min saved

"Analyzing the Technical Fallout: NASDAQ Plunges 2% in a Single Day"

The NASDAQ index is down nearly 2% on the day, testing a key technical area around 14,000. If the index breaks below this level, traders will likely focus on the 200-hour moving average at 13,923.79, potentially leading to further selling. The Dow Industrial Average is down 0.65%, while the S&P index is down 1.19%.

via ForexLive|

#finance #index #nasdaq

finance2 years ago•1 min saved

Nasdaq 100 Rejiggering Targets Tech Giants

The Nasdaq 100 Index, a popular growth index comprising 100 of the largest nonfinancial companies, will undergo a special rebalance due to the rapid rise of a few massive tech stocks. The rebalance aims to address overconcentration in the index by redistributing weights, as the five biggest stocks currently exceed the desired threshold. This is the third special rebalance in the index's history, and new weightings will be announced on July 14. The Nasdaq 100 has surged about 37% year to date, outperforming the S&P 500 and the Dow Jones Industrial Average.

via CNBC|

#finance #growth-stocks #index

finance2 years ago•3 min saved

Nasdaq 100 Reaches Breaking Point as Big Tech Dominates Stock Market

The dominance of big tech companies like Apple and Microsoft in the stock market has reached a breaking point for the Nasdaq 100 index, prompting Nasdaq Inc. to announce a "special rebalance" to redistribute the weight of index members. This action is a response to the relentless rally of megacaps, which has sparked concerns about concentration risk. The rebalance aims to help fund managers comply with diversification rules and reduce the influence of the largest companies in the index. While the reshuffling may cause short-term fluctuations, it is unlikely to have a profound impact on the Nasdaq's performance going forward.

via Yahoo Finance|

#big-tech #finance #index