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- Associated Press Finance
How major US stock indexes fared Tuesday, 6/25/2024
A rebound for Nvidia propped up a weakened Wall Street and kept U.S. stock indexes close to their records. The Nasdaq composite leaped 1.3% for its first gain in four days. The Nasdaq composite rose 220.84 points, or 1.3%, to 17,717.65.
ReutersAI stocks to leave big impact on Russell reconstitution
Investors are gearing up for the final reconstitution of the benchmark indexes by FTSE Russell on Friday, with the furious rally in artificial intelligence (AI) related stocks over the past year expected to leave an outsized imprint on their final shape. The Russell Reconstitution, an event that typically results in one of the busiest trading days of the year, will become official after the closing bell on Friday and concludes a multi-step process by FTSE Russell for the annual refresh of its indexes. This refresh encompasses a range of the Russell indexes, such as the Russell 1000 index of large-cap stocks and the Russell 2000 index of small-cap names which together make up the Russell 3000 index.
Zacks5 Top-Performing ETFs of Q2
Wall Street has delivered moderate performance in Q2 of 2024, with April being a down month, while May and June stand out as up months.
