S&P Dow Jones Indices decided not to make any changes to the S&P 500 membership during its recent quarterly rebalancing, as confirmed by a company spokesperson. Speculation had been high among Wall Street analysts regarding potential additions to the index. Robinhood Markets, Inc., for instance, experienced a 13% rise this week based on assumptions by firms like Bank of America Corp. and Barclays Plc that it might be added to the benchmark index. However, Robinhood’s shares fell by 5% in after-hours trading.
— new from Bloomberg.com
