Index-tracking stock funds with $350 billion in assets are due for a big revamp later this month, after S&P Dow Jones Indices retooled its rules to curb the dominance of the largest companies
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The Federal Reserve cuts benchmark lending rate by a quarter percentage point.
SUMMARY OF FED DECISION (11/7/24): Fed cuts interest rates by 25 bps in 2nd cut of 2024 Vote for 25