Nasdaq-100 Index Set for Major Changes Amid Court Ruling on Diversity Rule

NDAQ (Nasdaq Inc)
-0.93%-0.75
80.12USD
Total 86 words · 1 min read
  • Nasdaq, Inc. (NDAQ) will reconstitute the Nasdaq-100 Index on December 23, 2024, adding Palantir Technologies, MicroStrategy, and Axon Enterprise while removing Illumina, Super Micro Computer, and Moderna: This annual reconstitution can influence the trading of related financial products such as the Invesco QQQ Trust, options, and futures.
  • A federal appeals court ruling has struck down Nasdaq's diversity rule, which mandated diverse board members for listed companies: This decision is viewed as a setback for diversity efforts and may affect investor perceptions and regulatory expectations regarding Nasdaq (NDAQ).
Follow What Matters to You

Sources

What interests you today?

Initializing Request

Extracting Keywords

Analyzing Relevant Sources

Generating Your Channel

Suggested Topics

Join Syft AI right now!

By tapping Continue, you agree to our Terms and Privacy Policy

Free Channel Limits

You can follow up to 0 free channels during beta testing.

Manage my channels

Confirm Unfollow

App not launch?

If the app doesn't launch successfully, you may need to download and install the latest version.