The move is not expected to trigger any weight changes, a Nuvama report said. MSCI will continue with the half factor for the merged entity and passive trackers will have to sell around USD 150-200 million of the merged entity on the potential index adjustment.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following