Wall Street braces for trading surge as Tesla enters S&P 500
Wall Street is gearing up for an avalanche of trading and volatility ahead of Teslas entry into the S&P 500 index. That makes Tesla the biggest company ever to be added to the S&P 500, and its expected to trigger a torrent of trading by institutional investors in the process. Teslaโs sky high valuation means a move in its stock price will have more of an impact on the S&P 500 than most companies. Despite such warnings, Tesla will soon be a fixture in S&P 500 index funds operated by big fund managers. โNow that itโs part of the S&P 500, it will push more institutional investors to join the crowd,โ Bell said.