The rebalancing of the Nasdaq index next week may reshape the status of technology stocks🧐
July has the potential to be the second slowest trading month in more than two years in terms of low liquidity concerns, but we're going to have two one-off stock events over the next few days, and on Monday, the Nasdaq will have a special As part of its index rebalancing, which aims to reduce the dominance of tech giants and increase the weight of other index constituents, JPM expects client trading volume to exceed $60 billion from the rebalancing activity alone.
Additionally, with $2.4 trillion in U.S. stock options expiring on Friday, a large number of call options are expected to continue to roll forward as risk appetite persists.