Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon Acquire Licensing Rights
Sept 1 (Reuters) – Shares of Blackstone (BX.N) and Airbnb (ABNB.O) rallied in extended trade on Friday after S&P Dow Jones Indices said the two companies would join the S&P 500 (.SPX) index.
Blackstone was up 4.1%, while Airbnb jumped 5% after S&P Dow Jones Indices said the companies would replace Lincoln National Corp (LNC.N) and Newell Brands Inc (NWL.O) 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
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