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U.S. stock market sectors reclassified, with big shifts to financials from tech

Por: MarketWatch Politics March 20, 2023

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See: S&P Dow Jones Indices and MSCI about a year ago that their GICS revisions would take place after the close of business Eastern time on March 17. Jefferies estimated in a March 7 research note that the changes would result in the technology sector’s weight in the S&P 500 falling to 24% from 27.18%, while the weight of financials would rise to 14.5% from 11.75%.  Companies that moved to the financial sector from information technology... + full article



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