The S&P said Thursday that it's not changing its rules to fast-track mega-cap IPOs onto its marquee stock index, the S&P 500.Why it matters: S&P's decision doesn't mention SpaceX, but it means that Elon Musk's company — as well as Anthropic and OpenAI, if they go public as expected — won't be making it into the index for at least a year.And it's a surprise, coming after other major indexes drew fire for changing their rules to more quickly accommodate Elon Musk's company.The big picture: Million
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.

US stock futures mostly fell in the wait for the release of the May jobs report.

US stock futures mostly fell in the wait for the release of the May jobs report.
Over the past six months, Manhattan Associates’s stock price fell to $150.36. Shareholders have lost 15.8% of their capital, which is disappointing considering the S&P 500 has climbed by 11%. This might have investors contemplating their next move.
S&P Dow Jones Indices rejected calls to fast track SpaceX and other upcoming megacap IPOs such as Anthropic and OpenAI into the S&P 500 index.
(Bloomberg) -- S&P Dow Jones Indices will keep its existing eligibility requirements for main benchmarks like the S&P 500 Index, rejecting proposals that would have made it faster for mega-cap companies such as Elon Musk’s SpaceX to gain rapid entry into the benchmark after going public.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Beg
These IPOs represent brand new AI investment opportunities.

<body><p>STORY: U.S. stocks mostly gained ground Thursday as progress toward ending the Iran war buoyed investor sentiment.</p><p>The Dow rose 1.7% and notched another record closing high, the S&P 500 added four-tenths of one percent, while the Nasdaq fell a hair.</p><p>Broadcom contributed to the index’s lackluster day. Its shares declined 12.5% after the chip company issued disappointing results. </p><p>:: Archive</p><p>Anna Rathbun, founder and CEO of Grenadilla Advisory, said the changing business conditions discussed by Broadcom on its earnings call could be a warning sign for other AI companies.</p><p>“The traders, the investors and the markets are anticipating potentially falling margins in the future because of the shift in Broadcom's business. Now this actually has implications for rest of AI, right? Because number one, everybody's moving to AI and the costs are definitely going up of raw materials and partnerships, etc. And unless you can pass that down to your customer, at this point they can because the demand is high. At some point they won't be able to. And that means margin pressure. So the markets may be looking at that as a canary in the coal mine. “</p><p>The U.S. House of Representatives passed a measure on Wednesday that would block President Donald Trump from continuing the war on Iran.</p><p>Additionally, a U.S.-mediated ceasefire agreement between Israel and Lebanon, an essential condition of an Iranian agreement to a peace deal, bolstered optimism of a near-term resolution to the war. </p><p>But the truce was rejected by the pro-Iran Hezbollah, which said it would not withdraw troops from Lebanon.</p><p>Other stocks on the move included UnitedHealth which advanced 5% after Bank of America raised its rating on the healthcare conglomerate's shares to "buy."</p><p>And Pinterest climbed about four and a half percent after announcing it would spend $4 billion to strengthen a long-term partnership with Amazon.</p></body>
Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...
Today, June 4, 2026, a fresh $1 billion buyback pits Nu’s record growth against mounting governance and credit worries.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Unfortunately, the industry’s recent performance suggests demand may be slowing as discretionary stocks were flat over the past six months while the S&P 500 gained 11%.
Comcast’s multibillion-dollar U.K. resort bet and fresh debt tenders are reshaping its capital playbook, today, June 4, 2026.
Software is rapidly reducing operating expenses for businesses. In the past, the undeniable tailwinds fueling SaaS companies led to lofty valuation multiples that made it easier to raise capital. But this was a double-edged sword as the high prices exposed them to big drawdowns, and unfortunately, the industry has tumbled by 7.1% over the last six months. This drawdown is a stark contrast from the S&P 500’s 11% gain.
Compare how these two 2024-launched funds offer distinct exposure to leading cryptocurrencies, each with unique risk and return profiles for investors.
Most consumer discretionary businesses succeed or fail based on the broader economy. Over the past six months, it seems like demand trends may be working against them as the industry’s returns were flat while the S&P 500 was up 11%.
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. The May jobs report is on tap before Friday's open. The stock market saw the Dow Jones jump to a record high, aided by lower oil prices and Treasury yields.
Compare how asset mix, volatility, and cost shape the appeal of these two energy-focused funds for investors navigating the evolving sector landscape.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Their momentum is also rising as lower interest rates have incentivized higher capital spending. As a result, the industry has posted a 17% gain over the past six months, beating the S&P 500 by 6 percentage points.
Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. The Dow Jones Industrial Average soared 1.7% to a record, and the Nasdaq composite slipped 0.1%. The Nasdaq composite fell 23.02 points, or 0.1%, to 26,830.96.
Or is the iShares U.S. Technology ETF a better technology ETF?
Software is rapidly reducing operating expenses for businesses. This secular theme makes SaaS companies attractive investment candidates but also comes with higher valuations that cause volatility. Unfortunately, the rich prices have haunted them over the past six months as the industry has shed 7.1%. This drawdown is a far cry from the S&P 500’s 11% ascent.
From commerce to culture, software is digitizing every aspect of our lives. This secular theme makes SaaS companies attractive investment candidates but also comes with higher valuations that cause volatility. Unfortunately, the rich prices have haunted them over the past six months as the industry has shed 7.1%. This performance is a far cry from the S&P 500’s 11% ascent.
Federal Reserve Vice Chair for Supervision Michelle Bowman said regulators have launched a new effort to better understand how bank lending flows into private credit funds and other nonbank financial firms.
Portfolio size and sector mix set these small-cap ETFs apart for investors weighing long-term growth and income potential.