On 165438+1October16 local time, Standard & Poor's Dow Jones Index issued a document announcing that Tesla would be included in the Standard & Poor's 500 Index before the market opened on February 2 1, which is consistent with the effective date of the quarterly adjustment of the index on February 65438.

Due to the huge scale of Tesla, the S&P Dow Jones Index is seeking opinions from the investment community to decide the form of Tesla's inclusion in the index: one is to weight it at one time according to the market value of securities circulation (FMC) before readjusting the effective date (i.e. 65438+February 2 1); Or before the opening of February 65438 14, and before the opening of February 654381,it will be included in Tesla's securities circulation market value in two batches.

Tesla will replace another Standard & Poor's 500 company after joining. Relevant news will be announced before the effective date of the adjustment.

In September this year, Tesla achieved four consecutive quarters of profit for the first time and was eligible to be included in the Standard & Poor's 500 Index, but it was unexpectedly unsuccessful.

After the news of the selected constituent stocks was announced, Tesla's share price rose sharply before the market. As of 4: 22165438+1October 17 EDT, the stock price was 455. 1 USD, up1.64%.

Tesla's participation in the Standard & Poor's 500 Index will increase the market demand for its shares.

According to Reuters, according to the data of the S&P Dow Jones index, after the incorporation of Tesla, investment funds tracking the S&P 500 index must sell about $5 1 billion of shares of constituent companies and buy shares of Tesla, so that their portfolios can correctly reflect the index. Tesla accounts for about 1% of the index. In addition, investment funds trying to outperform the Standard & Poor's 500 will also decide whether to buy Tesla shares.

According to the US Consumer News and Business Channel, the assets based on the Standard & Poor's 500 Index have reached 1 1.2 trillion US dollars, of which 4.6 trillion US dollars belong to index funds.

The Standard & Poor's 500 Index is an important indicator to measure the performance of the US stock market. This index will be readjusted quarterly, and the weights of companies will be adjusted according to the latest number and circulation of stocks, or constituent stocks will be included and eliminated to better reflect the changes in the US stock market.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.