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

AFP

Synopsis

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.

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.

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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.






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