News Tidbit: Today is annual Russell rebalance. Hi volume at close.
From Marketwire: NEW YORK (MarketWatch) — Trading volume is expected to end up quite elevated Friday due to the annual rebalancing of the Russell indexes.
About $42 billion will trade on Friday as a result of the reconstitution, which will make it one of the biggest trading days of the year in terms of dollar volume, said a Reuters report citing Credit Suisse data.
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