What Stocks May Join the S&P 500? Start with Size and Profitability.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 13 2024
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Source: Barron's
S&P 500 Additions: Dell Technologies, Palantir Technologies, and Erie Indemnity will join the S&P 500 on September 23, with Workday and Apollo Global Management as potential next candidates. Stocks often rise ahead of index inclusion due to anticipated fund purchases.
Market Trends and Economic Indicators: The stock market saw gains with the Dow up 2.6% and Nasdaq up 6%, while inflation showed signs of slowing. Upcoming reports from the Federal Open Market Committee may lead to interest rate cuts, and existing-home sales remain low due to high mortgage rates.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
