Dossier
benchmark index
Coverage of benchmark index in the Nexus archive.
- Reddit stock surges after being named to the S&P 500 for the first time
Reddit's stock surged after being named to the S&P 500 for the first time. The company will join the benchmark index on Aug. 18, replacing AvalonBay Communities and becoming only the second pureplay social media company in the S&P 500.
- Indonesian Stocks Near Bull Market as Economic Worries Recede
Indonesian stocks advanced, bringing the benchmark index close to bull-market territory. This positive movement was driven by improving investor sentiment, which was fueled by signs of a resilient economy and easing concerns regarding potential market downgrades.
- Korean Stocks Jump as Brokers Say Margin Unwind Nearing End
South Korean stocks rose as brokers indicated the unwinding of leveraged bets, which had caused the benchmark index to fall nearly 30% from its peak, is nearing completion.