NEW YORK , July 1, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") is updating the market capitalization eligibility criteria for additions to the S&P Composite 1500 Indices. Effective July 1, 2025, the size ranges will be updated as follows: Previous Market Capitalization Eligibility Criteria Updated Market Capitalization Eligibility Criteria Unadjusted company market capitalization of: • US$ 20.5 billion or more for the S&P 500 • US$ 7.4 billion to US$ 20.5 billion for the S&P MidCap 400 • US$ 1.1 billion to US$ 7.4 billion for the S&P SmallCap 600 Unadjusted company market capitalization of: • US$ 22.7 billion or more for the S&P 500 • US$ 8.0 billion to US$ 22.7 billion for the S&P MidCap 400 • US$ 1.2 billion to US$ 8.0 billion for the S&P SmallCap 600 These market capitalization ranges are reviewed at the beginning of every calendar quarter, updated as needed to ensure they reflect current market conditions, and expressed in dollar ranges.
With markets closing out the first half of the year and the month of June on a high note,the S&P 500 is now up 5.7% so far in 2025.
The Dow Jones Industrial Average is the oldest stock market benchmark, and it dates back to 1896.
The Dogs of the Dow is a well-known strategy first published in 1991 by Michael Higgins.
Dow's valuation looks cheap, but tangible book value erosion signals real downside risk if stress persists or losses emerge. Dividend sustainability is in question, as current payouts are funded by debt or cash depletion, risking further equity erosion or a necessary dividend cut. Even with a 60% dividend cut, price support depends on investor sentiment and confidence in an earnings turnaround, which remains uncertain.
The latest trading day saw Dow Inc. (DOW) settling at $27.15, representing a +1.23% change from its previous close.
Nike stock slipped after beating Q4 estimates, as traders remain cautious on its turnaround and the retail forecast across US stocks and Dow Jones indices.
Global stocks rise
Global stocks rally; Iran says it will halt attacks as long a Israel does
Cisco (NADSAQ:CSCO) and Home Depot (NYSE:HD) are more traditional value stocks that investors may wish to punch their ticket to if there's concern about the S&P 500's valuation.
The escalation by the Americans in Iran could have caused chaos if the bombing were done during the week. However, the weekend has given markets enough time to digest the news.
Analysts say they don't expect significant crude supply disruptions