Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports Exchange operator Nasdaq OMX Group reported today that it will rebalance its benchmark Nasdaq 100 index, cutting the weighting of widely held stocks, such as Apple Inc, and causing volatility as investors adjust their portfolios.
Nasdaq OMX is rebalancing the index by cutting the weighting of 82 securities to bring the weighting more in line with market capitalizations, the exchange said on Tuesday.
The rebalancing hit shares of Apple and boosted shares of Microsoft Corp and was one reason for the Nasdaq futures falling before the opening bell.
The rebalancing will affect the relative weights of all the securities in the index and cause popular index-tracking funds such as the PowerShares QQQ to buy and sell shares to match the new composition of the index.
Apple fell 1.7 percent to $335.50 while Microsoft rose 1.4 percent to $25.91.
Once the rebalancing takes effect May 2, the projected weight of Apple will be 12.33 percent of the index compared with a current weight of 20.49 percent, Nasdaq said on its website.
Microsoft’s weighting will rise 4.9 percent. Other big changes include Oracle, whose weighting will rise 3.4 percent, Intel up 2.5 percent, Cisco Systems, up 2.1 percent and Google up 1.6 percent.
Apple will continue to remain the largest component of the Nasdaq-100 index.
” Nasdaq decided to enact a special rebalance in order to bring the weights of the index securities closer in line with their actual market capitalizations,” the exchange said.
The special rebalancing of the Nasdaq 100 Index will be enacted based on index securities and shares outstanding as of March 31, the company said.
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DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports Exchange operator Nasdaq OMX Group reported today that it will rebalance its benchmark Nasdaq 100 index, cutting the weighting of widely held stocks, such as Apple Inc, and causing volatility as investors adjust their portfolios.
Nasdaq OMX is rebalancing the index by cutting the weighting of 82 securities to bring the weighting more in line with market capitalizations, the exchange said on Tuesday.
The rebalancing hit shares of Apple and boosted shares of Microsoft Corp and was one reason for the Nasdaq futures falling before the opening bell.
The rebalancing will affect the relative weights of all the securities in the index and cause popular index-tracking funds such as the PowerShares QQQ to buy and sell shares to match the new composition of the index.
Apple fell 1.7 percent to $335.50 while Microsoft rose 1.4 percent to $25.91.
Once the rebalancing takes effect May 2, the projected weight of Apple will be 12.33 percent of the index compared with a current weight of 20.49 percent, Nasdaq said on its website.
Microsoft’s weighting will rise 4.9 percent. Other big changes include Oracle, whose weighting will rise 3.4 percent, Intel up 2.5 percent, Cisco Systems, up 2.1 percent and Google up 1.6 percent.
Apple will continue to remain the largest component of the Nasdaq-100 index.
” Nasdaq decided to enact a special rebalance in order to bring the weights of the index securities closer in line with their actual market capitalizations,” the exchange said.
The special rebalancing of the Nasdaq 100 Index will be enacted based on index securities and shares outstanding as of March 31, the company said.
People viewing AAPL also viewed: GOOG AMZN NFLX BIDU PCLN CMG
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports Exchange operator Nasdaq OMX Group reported today that it will rebalance its benchmark Nasdaq 100 index, cutting the weighting of widely held stocks, such as Apple Inc, and causing volatility as investors adjust their portfolios.
Nasdaq OMX is rebalancing the index by cutting the weighting of 82 securities to bring the weighting more in line with market capitalizations, the exchange said on Tuesday.
The rebalancing hit shares of Apple and boosted shares of Microsoft Corp and was one reason for the Nasdaq futures falling before the opening bell.
The rebalancing will affect the relative weights of all the securities in the index and cause popular index-tracking funds such as the PowerShares QQQ to buy and sell shares to match the new composition of the index.
Apple fell 1.7 percent to $335.50 while Microsoft rose 1.4 percent to $25.91.
Once the rebalancing takes effect May 2, the projected weight of Apple will be 12.33 percent of the index compared with a current weight of 20.49 percent, Nasdaq said on its website.
Microsoft’s weighting will rise 4.9 percent. Other big changes include Oracle, whose weighting will rise 3.4 percent, Intel up 2.5 percent, Cisco Systems, up 2.1 percent and Google up 1.6 percent.
Apple will continue to remain the largest component of the Nasdaq-100 index.
” Nasdaq decided to enact a special rebalance in order to bring the weights of the index securities closer in line with their actual market capitalizations,” the exchange said.
The special rebalancing of the Nasdaq 100 Index will be enacted based on index securities and shares outstanding as of March 31, the company said.
People viewing AAPL also viewed: GOOG AMZN NFLX BIDU PCLN CMG
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###