SpaceX to Join Nasdaq-100 Index on July 7
SpaceX is set to join the Nasdaq-100 index on July 7, a move that will impact investors in funds like QQQ and QQQM. The inclusion of the aerospace company is expected to add to the volatility of the index.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)Sources
The Nasdaq-100 has been far more volatile than the S&P 500. Now add SpaceX to the mix.
While SpaceX is due to join the Nasdaq-100 on Tuesday, it won’t become part of the S&P 500 for at least another year — likely furthering the volatility spread between those two indexes.
By Christine Idzelis
Read full article →SpaceX Joins the Nasdaq-100 on July 7. Here Is What This Means for QQQ and QQQM Investors.
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