Here are the companies affected by S&P rebalancing at the close Friday

Standard & Poor's is doing its quarterly rebalancing at the market close today. Two companies are going INTO the S & P 500 at the close: Blackstone AirBNB What is significant is that neither one has ever before been in even the S & P SmallCap 600 Index or the S & P MidCap 400. They are simply being added to the S & P 500. Which means a fairly significant amount of index buying will occur.

Note that ExxonMobil, which very aggressively reduced its share count for many years and which stopped doing so several years ago, has again begun to aggressively buy back stock, along with other oil companies such as Chevron. Other companies are seeing their share counts increase. Indexers will be buying these companies. Companies increasing share count Amazon +1.7% Tesla +2.5% Berkshire Hathaway +2.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks are trapped in a trading range. Something's got to give.The week after the third Friday of September is historically negative for the S&P 500.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Five stocks for investors who want to broaden their growth horizons beyond the S&P 500Regardless of political risks, investors can be well served by participating in large economies with a rapidly growing middle class.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »