In global markets, there’s not a more important stock market index than the S&P 500.
Depending on who you ask, the blue-chip index of the US’s largest companies acts as an economic indicator, a benchmark for executive compensation or a primary source of social welfare, thanks to the trillions in dollars of household savings that track its every move.
Being included in the index is obviously a big deal for firm. Not only because it provides a certain level of prestige, but also a stable shareholder base in the form of passive funds that will hold the shares no matter what.
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