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International Business Times
International Business Times
Business
Matias Civita

Wall Street Braces for Trading Frenzy as SpaceX Joins Russell 1000 in Historic Index Shakeup

Wall Street is preparing for one of the busiest trading sessions of the year as FTSE Russell completes its annual reconstitution of the Russell U.S. indexes. (Credit: Getty Images)

Wall Street is preparing for one of the busiest trading sessions of the year as FTSE Russell completes its annual reconstitution of the Russell U.S. indexes, a closely watched event expected to trigger massive buying and selling.

This year's rebalance is drawing even greater attention because newly public aerospace giant SpaceX is set to be fast-tracked into the Russell 1000 Index following its blockbuster initial public offering earlier this month.

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