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

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September 6, 2024 6:16 PM EDT

FILE PHOTO: The logo of Dell Technologies at the Milipol Paris in Villepinte near Paris, France, November 15, 2023. REUTERS/Sarah Meyssonnier/File Photo

(Reuters) - The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and property and casualty insurer Erie Indemnity will join the benchmark S&P 500 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, online marketplace Etsy and diagnostics company Bio-Rad Laboratories in the index.

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

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shinjini Ganguli)


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