Nasdaq 100’s Special Rebalance

How Nasdaq 100's Special Rebalance Punishes The 'Magnificent 7'

What's prompting the rare special rebalance in the Nasdaq 100? It's triggered when all the Nasdaq 100 stocks with individual 4.5% market value weights collectively account for 48% or more of the index.

And that happened on July 3, with six stocks: Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), (AMZN) and Tesla (TSLA). Together they accounted for 50.9% of the Nasdaq, Bespoke found. It's the third time since 1998 this rebalance happened.

Nasdaq Rebalance Table
New individual weightings in Nasdaq.

Market Closure Wednesday – December 5, 2018

George Bush Etrade Annoucemnet
On Wednesday, December 5, 2018, the U.S. stock, bond, and equity-based options markets will be closed for a national day of mourning to honor former President George H.W. Bush. U.S-based equity and interest rate futures markets will operate on a modified schedule. All other futures markets will be open.

What President George H.W. Bush’s day of mourning means for stock, bond and commodity traders

George Bush lies in state, guarded by his last service dog.