CNBC Daily Open: Red hot tech

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CNBC Daily Open: Red hot tech
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On Friday, Nasdaq will announce changes to the weighting of component stocks in its popular Nasdaq 100 Index, which has surged about 37% year to date.

Erdoğan's EU U-turnon Monday by linking Sweden's bid to join NATO with Turkey's accession to the EU. He said European nations should "open the way" for Turkey to join the political bloc in exchange for Ankara's approval of Sweden to be a member of the military alliance. But these are two completely different processes for two very separate institutions.seeing nearly 30% upside for the Chinese electric-vehicle maker. The Wall Street firm set a 12-month price target on U.

While the index is already rebalanced on a quarterly basis, Nasdaq tries to keep the five biggest stocks below a 40% combined weighting in one rebalance per year designated as the annual adjustment.Will something similar happen on the other side of the world? China's technology sector is also starting to see a relief rally after regulators issued a 7.12 billion yuan

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