March 6 (Reuters) – S&P Dow Jones Indices said on Friday that data center equipment maker Vertiv, photonics product makers Lumentum and Coherent, and telecom company EchoStar will join its flagship S&P 500 index.
The S&P 500, widely regarded as the benchmark for U.S. large-cap stocks, is tracked by trillions of dollars in index and exchange-traded funds, making changes to its membership closely watched by investors.
Here is an overview of the change to the index and stock reaction:
(Reporting by Manya Saini in Bengaluru; Editing by Tasim Zahid)
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