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S&P Rebrands Sector Indexes
According to a press release, the firm noted that the indices will be rebranded, effective after the close of business on Friday March 28.
The S&P North American Sector indices are a family of indices designed as equity benchmarks for U.S. traded securities in seven broadly defined economic sectors; Consumer, Cyclical, Financial Services, Health Care, Natural Resources, Technology and Utilities.
The S&P North American Technology Sector Index is the technology sub-index of the S&P North American Sector Indices. According to a press release, the S&P North American Technology Sector sub-indices are a set of more narrowly based equity indices consisting of twelve or more stocks selected from the universe of stocks in the S&P North American Technology Sector Index.
The current indexes’ names have been changed as follows:
- S&P GSSI Index Family is renamed S&P North American Sector Index Family
- S&P GSSI™ Consumer is renamed S&P North American Consumer Sector Index™
- S&P GSSI™ Cyclical is renamed S&P North American Cyclical Sector Index™
- S&P GSSI™ Financial Services is renamed S&P North American Financial Services Sector Index™
- S&P GSSI™ Health Care is renamed S&P North American Health Care Sector Index™
- S&P GSSI™ Natural Resources is renamed S&P North American Natural Resources Sector Index™
- S&P GSSI™ Technology is renamed S&P North American Technology Sector Index™
- S&P GSSI™ Utilities is renamed S&P North American Utilities Sector Index™
- S&P GSTI Index Family is renamed S&P North American Technology Sector Index Family
- S&P GSTI™ Composite is renamed S&P North American Technology Sector Index™
- S&P GSTI™ Hardware is renamed S&P North American Technology-Hardware Index™
- S&P GSTI™ Internet is renamed S&P North American Technology-Internet Index™
- S&P GSTI™ Multimedia Networking is renamed S&P North American Technology-Multimedia Networking Index™
- S&P GSTI™ Services is renamed S&P North American Technology-Services Index™
- S&P GSTI™ Semiconductors is renamed S&P North Semiconductors-Semiconductors Index™
- S&P GSTI™ Software is renamed S&P North Software-Software Index™