Business News
How Stock Index Committees Pick Their Companies
The S&P 500 is not the 500 biggest companies — it is 500 companies a committee chose, and inclusion moves billions in a day.
Henrik Larsen
Corporate developments used as early evidence about the economy: earnings and margins, capital expenditure, layoffs and hiring plans, pricing behavior and inventory positions. Entries link each disclosure to the aggregate it anticipates. Read by macro analysts, economists and strategists tracking demand in close to real time.
Company news read as economic data: earnings, capital spending, hiring plans and pricing decisions treated as signals about future demand.
The S&P 500 is not the 500 biggest companies — it is 500 companies a committee chose, and inclusion moves billions in a day.
Henrik Larsen
Every large U.S. deal crosses one desk — Hart-Scott-Rodino filing, a 30-day clock, and the agencies' choice to clear, negotiate, or sue.
Henrik Larsen