Morningstar (MORN) Stock News

Morningstar Wealth's Public/Private Select Series, combining public and private market strategies, is now available through Envestnet's FSP program. Morningstar handles allocation and oversight; Envestnet provides implementation infrastructure.

A correction to a WSJ article confirms that a negative view on sportswear stocks came from Morningstar analyst David Swartz, not JD Sports CEO Regis Schultz. Swartz expects no improvement before late 2027.

Morningstar completed its Q3 reconstitution of the US Total Market Index. SpaceX was added five days post-IPO but holds a 0.1% weight due to limited float. Micro-cap and value stocks outperformed, while concentration among the top 10 names remains elevated at 35%. Style movements included Intel and Applied Materials shifting to growth; McDonald's and Adobe moved to value. The indexes now underpin over $3 trillion in investor assets.