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Dell, Palantir and Erie Indemnity to join S&P 500

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By Reuters | Updated: September 7, 2024

Sept 6 (Reuters) – The S&P Dow Jones Indices said on Friday server maker Dell Technologies (DELL.N) data analytics firm Palantir Technologies (PLTR.N)  and property and casualty insurer Erie Indemnity (ERIE.O) will join the benchmark S&P 500 (.SPX) before the market opens on Sept. 23.

Shares of Palantir rose nearly 8% in extended trading, while those of Dell and Erie rose 6% and 3%, respectively.

The three companies will replace American Airlines Group (AAL.O) online marketplace Etsy (ETSY.O) and diagnostics company Bio-Rad Laboratories (BIO.N) in the index.

Shares of American Airlines were down 0.7%, while those of Bio-Rad Laboratories and Etsy fell about 1%.

@ Thomson Reuters 2024