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Market Impact: 0.15

Honeywell Aerospace To Join S&P 500, S&P 100

Market Technicals & FlowsCompany Fundamentals

S&P Dow Jones Indices announced that Honeywell Aerospace Inc. (HONA) will be added to the S&P 500 and S&P 100 on June 29. Honeywell Aerospace will replace Conagra Brands Inc. (CAG) in the S&P 500, while Conagra Brands will replace Grid Dynamics Holdings Inc. (GDYN) in the index. The change is routine index rebalancing and is unlikely to have a major market-wide impact.

Analysis

S&P Dow Jones Indices announced that Honeywell Aerospace Inc. (HONA) will be added to the S&P 500 and S&P 100 on June 29. Honeywell Aerospace will replace Conagra Brands Inc. (CAG) in the S&P 500, while Conagra Brands will replace Grid Dynamics Holdings Inc. (GDYN) in the index. The change is routine index rebalancing and is unlikely to have a major market-wide impact.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

0.05

Ticker Sentiment

CAG-0.15
GDYN-0.20

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