On Monday the SP500 is creating a new Communications sector which may affect ETFs.

www.cnbc.com/2018/09/21/on-monday-google-facebook-and-netflix-will-make-a-big-market-move.html

Market-leading companies including Alphabet, Facebook and Netflix are changing S&P 500 sectors on Monday. The New S&P Communications sector that replaces the telecom index will include these big technology stocks, changing the nature of what has been one of the market’s best defensive and highest-dividend yield stock strategies.

READ  "Which cable networks can one go on where one doesn't end up talking to architects of GITMO and the War on Terror? ...the security state went from clandestinely controlling news outlets to doing it on their payroll."
READ  Joe Biden wants to “partner” with the private sector to conduct surveillance because the Govt can’t do it without a warrant or ongoing investigation. This is monstrous.

Major S&P tech sector re-organization to take effect Monday from CNBC.

886 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.