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Stock Analyst Update

Tech's Growth Reflected in Revised Russell Indexes

Some big IPOs bypass small-cap list in annual overhaul.

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The yearly adjustments made this week to the popular Russell stock indexes show that technology stocks continue their dominance.

The Frank Russell Co., which created and manages the small-cap Russell 2000 index, as well as the larger-cap Russell 1000 and the broader Russell 3000, added 624 names--up from 450 last year--while deleting 348 from the total broad-market index of 3,000 companies.

Mark Anderson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.