Friday’s trading could trigger a  billion rush of demand for Nvidia shares. Here’s how

Key Points

  • The Technology Select Sector SPDR Fund (XLK) has an upcoming rebalance based on Friday’s market caps.
  • Apple and Microsoft are the two biggest holdings in the fund currently, at roughly 22% each.
  • Nvidia makes up less than 6% despite being only slightly behind the two leaders in market cap.

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