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Blackstone and Airbnb set to join S&P 500; shares climb

2023-09-02 06:28
Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the
Blackstone and Airbnb set to join S&P 500; shares climb

Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the two companies would join the S&P 500 index.

Blackstone was up 4.1%, while Airbnb jumped 5% after S&P Dow Jones Indices said the companies would replace Lincoln National Corp and Newell Brands Inc before the start of trading on Sept. 18.

Lincoln National dipped 0.7% and Newell Brands was last unchanged.

(Reporting by Noel Randewich; editing by Jonathan Oatis)