Money Tesla stock in the S&P 500 index - these are the challenges fund managers could face

04:40  10 august  2020
04:40  10 august  2020 Source:   finanzen.net

Elon Musk Challenges Johnny Depp To A ‘Cage Fight’

  Elon Musk Challenges Johnny Depp To A ‘Cage Fight’ Elon Musk has a suggestion for how he and Johnny Depp can settle their differences — and it would make one heckuva WWE pay-per-view. In an interview with the New York Times‘ Maureen Dowd, the Tesla CEO discusses allegations that emerged from depositions in Johnny Depp’s defamation suit against ex-wife Amber Heard “I definitely was not having an affair with Amber while she was married to Johnny, this is totally false,” said Musk of one allegation laid out in the lawsuit.

Those who manage index funds and ETFs based on the S & P need to keep their holdings in line with the 500 companies that make up the fund . So when a company is added, it invariably lifts the stock as those managers are forced to quickly buy a large number of its shares.

Ivan Cajic, head of index & ETF research at Virtu Financial estimates index managers would need to own Additionally, actively managed investment funds that benchmark their performance to the S & P 500 will However, Bianco warned that the stock could reverse if Tesla is not added to the S & P 500 .

DAX leaves a weak start behind and leaps over the 13,000-point mark. .
At noon, after initial reluctance, things are hot on the German stock market. © Provided by Finanz.net Andrew Burton / Getty Images The DAX entered the session at a discount of 0.67 percent to 12,836.87 points and then made its way onto green territory. At noon, the leading German index leaps over the psychologically important 13,000 mark. He is currently gaining 0.7 percent to 13,010.84 points. The German stock market initially struggled to find a clear direction on Tuesday.

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