Advertisement
Singapore markets closed
  • Straits Times Index

    3,313.35
    +9.69 (+0.29%)
     
  • S&P 500

    5,221.42
    -1.26 (-0.02%)
     
  • Dow

    39,431.51
    -81.29 (-0.21%)
     
  • Nasdaq

    16,388.24
    +47.34 (+0.29%)
     
  • Bitcoin USD

    61,718.87
    -822.13 (-1.31%)
     
  • CMC Crypto 200

    1,270.10
    -21.29 (-1.65%)
     
  • FTSE 100

    8,422.05
    +7.06 (+0.08%)
     
  • Gold

    2,351.80
    +8.80 (+0.38%)
     
  • Crude Oil

    79.04
    -0.08 (-0.10%)
     
  • 10-Yr Bond

    4.4810
    -0.0230 (-0.51%)
     
  • Nikkei

    38,356.06
    +176.60 (+0.46%)
     
  • Hang Seng

    19,073.71
    -41.35 (-0.22%)
     
  • FTSE Bursa Malaysia

    1,605.88
    +2.97 (+0.19%)
     
  • Jakarta Composite Index

    7,083.76
    -15.50 (-0.22%)
     
  • PSE Index

    6,608.36
    +4.11 (+0.06%)
     

S&P 500 to add 3M and GE spin-offs, replacing VF and Dentsply Sirona

March 27 (Reuters) - S&P Dow Jones Indices said on Wednesday that it would add 3M spin-off Solventum Corp and General Electric spin-off GE Vernova Inc to the benchmark S&P 500 index in coming days.

Solventum, which will trade under the 'SOLV' symbol on the New York Stock Exchange (NYSE) will be added to the index on April 1, replacing VF Corp, which will move to the S&P 600 smallcap index.

GE Vernova, which will trade under the 'GEV' ticker on the NYSE, will be added to the S&P 500 on April 2, replacing Dentsply Sirona Inc, which will be moved to the S&P 400 MidCap index.

VF will replace ModivCare Inc on the S&P 600, while Dentsply Sirona will replace Fox Factory Holding.

3M's spin-off of Solventum is expected to be completed April 1, while GE's spin-off of GE Vernova is expected to be completed on April 2. (Reporting By Sinéad Carew; Editing by Jamie Freed)