Big tech's dominance hits breakpoint for Nasdaq 100 - Jobs World

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Tuesday, July 11, 2023

Big tech's dominance hits breakpoint for Nasdaq 100

Big tech's dominance hits breakpoint for Nasdaq 100 https://ift.tt/9YDlM5V seemingly unstoppable growth of megacaps like Apple and Microsoft mean they have breached an upper limit imposed on stocks in the Nasdaq 100. As a result, Nasdaq has announced a "special rebalance" - the first ever of its kind - will be carried out to redistribute the weight of the index's members.

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