Honour roll: Jamal Lewis, a regional sales manager in Interventional Cardiology and Structural Heart at Boston Scientific virtually rings the opening bell on Wednesday in New York. The NYSE is honouring medical professionals and workers through its #Gratitude campaign. — AP
NEW YORK: The US healthcare sector looks set for a bulked up profile in growth indexes when FTSE Russell reconstitutes its stock indexes this Friday, an annual event that historically creates one of the biggest trading volume days of the year.
The Russell rebalance becomes final on the fourth Friday every June, after markets close. Stocks are added or deleted from Russell’s family of indexes, including the Russell 1000 large cap and Russell 2000 small cap, prompting fund managers to adjust portfolios to reflect new weightings and components.
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