PANews reported on November 25th that, according to Morningstar, S&P Dow Jones Indices announced Monday evening that computer storage device manufacturer Sandisk Corp. will officially join the S&P 500 index on November 28th. The company will be moved from the S&P Small Cap 600 index to the S&P 500, replacing Interpublic Group of Companies Inc. (ticker symbol: IPG), a company in the advertising and marketing sector. Furthermore, Sandisk beat out Bitcoin treasury company Strategy (ticker symbol: MSTR), which recently qualified for inclusion in the S&P 500.
Strategy was also not selected in the quarterly adjustment in September 2025.

Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more

