Why he avoids small-cap indexes, and his top 6 companies to invest in. Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to show improvement when CPI is released Wednesday.
Stock market today: Indexes close mixed before fresh inflation data
- The stock market wavered on Monday ahead of the July PPI report.
- The shares included in it are weighted according to price; the index level represents the average of the shares included in it.
- There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed.
- Small-cap stocks are set to surge, according to Goldman Sachs’ Greg Tuorto.
The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. Like the Swiss Market Index (SMI), the Dow Jones is a price index. The shares included in it are weighted according to price; the index level represents the average of the shares included in it. Small-cap stocks are set to surge, according to Goldman Sachs’ Greg Tuorto.
The Score: Apple, Walt Disney, Eli Lilly and More Stocks That Defined the Week
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. The stock market wavered on Monday ahead of the July PPI report.