Finance Latest News: Rebalance of Russell Index to Bring Volume Surge at Quarter-end

Investors accustomed to late market volatility at the end of the quarter should expect an extra jolt on June 28, when billions of dollars in stock trades will be executed in less than two seconds,when Russell Investments sets the final update for the annual reconstitution of its indexes. A Liverpool woman who was a stunt-double for Angelina Jolie has accused News Corporation's UK newspapers of hacking her telephone to get information about the star actress. The Federal Open Market Committee Meeting starts and stock futures have all gone up in response. Even before the meeting starts, inflation and housing data will be released. S&P 500 futures rose 1.4 points, NASDAQ 100 futures added 5 points, and Dow Jones Industrial futures rose 31 points.
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