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Express News | S&P 500 Index announced on Friday that private equity giant KKR & Co (KKR.US), leading cybersecurity solutions provider CrowdStrike (CRWD.US) and globally renowned internet services provider GoDaddy (GDDY.US) will be included in its iconic index. The adju
KKR (KKR.US), CrowdStrike (CRWD.US), and godaddy (GDDY.US) have joined the s&p 500 index, causing a surge in stock prices after hours.
KKR, CrowdStrike, and GoDaddy will be included in its iconic S&P 500 index, and the adjustment will take effect before the market opens on June 24th.
"New Fed Communications Agency" explains in detail: Why hasn't the US economy declined yet?
Well-known financial journalist Nick Timiraos, also known as the "new Fed communication agency," wrote in his latest article on Friday that to date, the unanimous expectation of corporate executives, economists, and investors that the US economy would decline has not materialized. Of course, although those who predicted a recession in the US economy were wrong before, it does not mean that they will not eventually be correct. Timiraos believes that the recession in the US economy caused by the COVID-19 pandemic four years ago was fundamentally unusual, and that the subsequent introduction of radical policy measures was the fundamental reason for the remarkable resilience of the US economy to date. Prospects for the Fed.
US stocks closed | Non-farm employment was hit hard and interest rate expectations fell, with all three major indexes falling collectively. Gamestop plummeted nearly 40%.
After the US employment report, US bond yields rose more than 10 basis points; the US dollar index, which had approached its two-month low, rose sharply and hit a new high in more than a week; offshore renminbi fell 180 points and lost 7.26. Bitcoin dropped more than $3,000, approaching the $72,000 mark in intraday trading.
Express News | S&P Global announced on June 7th that the S&P Dow Jones Indices will make the following adjustments to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices, effective before the opening on Monday, June 24th. KKR, CrowdStrike, and GoDaddy will replace
Express News | KKR and others will be included in the S&P 500 index, while Illumina and others will be removed.