Economic TimesLean R·
US Stock Market: Russell index revamp set to trigger massive trading as SpaceX joins benchmark
A massive $150 billion trading surge is expected Friday as FTSE Russell's indexes undergo their annual overhaul, now happening twice a year. This year sees SpaceX fast-tracked into the Russell 1000, while tech giants like Microsoft and Apple see shifts. AI's influence is clear, with semiconductor firms gaining prominence. This event is a key liquidity driver for investors.
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