I:RUT Jun 2024 Weekly 1975.000
- Yahoo Finance Video
Why Russell reconstitution will focus on healthcare, tech sectors
The Russell (^RUT) indexes are set for their annual reconstitution, scheduled to take place after Friday's closing bell. Indrani De, FTSE Russell's head of global investment research, joins Catalysts to provide insights into this event. De emphasizes that the reconstitution is "one of the biggest trading days of the year." She highlights the importance of indexes, describing them as "a representation of the market" and explaining that the reconstitution "captures the underlying changes in the economy." Highlighting current market trends, De points out that substantial technological and healthcare innovation is driving considerable growth. These areas will be a primary focus of the reconstitution process. "It's a very transparent process," De assures Yahoo Finance, adding, "It's simply going to reflect what's happening in the real economy." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Associated Press
How major US stock indexes fared Friday, 6/28/2024
Stocks drifted lower on Wall Street, erasing the S&P 500’s gains for the week. The S&P 500 slipped 0.4% Friday, but remains close to the record high it set last week. The Nasdaq composite fell 0.7% and the Dow slipped 0.1%.
- Investor's Business Daily
Dow Jones Reverses After Key Inflation Data; Nike Plunges 18% On Earnings
Stock Market Today: The Dow Jones reversed higher Friday after key inflation data. Shares of Nike stock plunged on earnings.
