When considering the success of an index, many often think in terms of performance metrics, but the true measure of an index’s success lies in how well it meets its objectives.
Once the index committee selects stocks, it weights them by market cap. Market-cap weighting harnesses the market’s collective wisdom on a stock’s relative value and helps reduce turnover and ...
U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...