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Russian stocks are 'uninvestable' following the invasion of Ukraine and will be removed from indexes at MSCI and FTSE Russell
Advisory committees, asset managers and exchanges were among those consulted by the index providers.
Carla Mozée
UWM Holdings jumps 36% as its inclusion on FTSE Russell list sparks social-media chatter
The UWM Russell announcement coincided with mortgage-stock excitement on social media as Rocket Com…
Emily Graffeo
S&P Dow Jones to remove Russia stocks from its indexes in wake of Ukraine invasion, joining MSCI and FTSE
The overseer of the Dow Jones Industrial Average and the S&P 500 will also strip Russia of its emer…
Jason Ma
GameStop is headed for inclusion in a large-cap stock index after its dizzying surge to record heights - but AMC will miss out with its spike coming after the deadline
GameStop could be listed alongside behemoths like Amazon, Apple, and Microsoft if included in the n…
Natasha Dailey
The Russell 2000 is a small-cap US stock index that is widely regarded as a bellwether for the economy
The Russell 2000 is a small-cap stock market index that's often used as a barometer for the US econ…
Simon Chandler
US small-cap stocks have raced ahead of their bigger peers in 2021. Experts say a number of factors could send them higher.
US small-cap stocks turned it around last year and are powering ahead, with the Russell 2000 index …
Harry Robertson
FTSE global indexes expected to include China stocks in a boost for Beijing
If the move is approved, then the FTSE inclusion could happen within a year, a person familiar with…
Michael Selby-Green,Michael S…
One of the first companies to pivot to crypto is getting eviscerated after being ousted from the Russell
Shares of Longfin originally traded at just over $5 when the company originally went public, but sp…
Graham Rapier
The pound falls again versus the dollar after the Bank of England says it's monitoring financial markets following the currency's slide to a record low
"The Bank is monitoring developments in financial markets very closely," the BoE said but didn't ta…
Carla Mozée
Moscow shuts its stock exchange for a 5th day as London freezes trading in 8 more Russian shares
The Moscow stock market is shut for a 5th day to avoid panic selling, while the London Stock Exchan…
Adam Morgan McCarthy
US stocks drop as oil prices surge again and Russia's attack on Ukraine intensifies
Oil resume its surge on Friday. WTI crude oil was trading around $115 after falling back below $110…
Carla Mozée
The sell-off in stocks is not a 'growth scare' and fundamentals are strong despite the recent valuation shock, UBS says
"The price action has been resoundingly negative in 2022. The underlying backdrop is not," says the…
Carla Mozée
A Russian debt default could spill over into emerging markets including China, according to Yale economist Stephen Roach
According to Yale University fellow, Stephen Roach any potential Russian default would spill over i…
Adam Morgan McCarthy
Major index provider S&P Global drops 21 Chinese firms from its benchmarks after a Trump Administration order that bans US investors from buying shares in blacklisted companies
Securities from 10 Chinese companies will be dropped from S&P's US equity indices, and 11 additiona…
Shalini Nagarajan
Investors are 'significantly under-allocated to China' despite its growth potential and diversification benefits, UBS Global Wealth Management chief says
UBS Global Wealth Management CIO Mark Haefele says investors are "significantly underallocated to C…
Will Daniel
London scraps trading in Russian shares following 99% drops, as Moscow closes stock exchange for a 4th day
Russian stocks are currently "uninvestable" as a result of the Ukraine conflict and sanctions, acco…
Harry Robertson
US stocks drop as Russia-Ukraine talks end with no sign of a ceasefire
French President Emmanuel Macron said "the worst has yet to come" in the Russia-Ukraine conflict af…
Matthew Fox
A gun-free Vanguard fund unwittingly included gun stocks for a month
The FTSE Russell index was rebalanced in June, and accidentally included 11 stocks in the benchmark…