S&P 500 Index Adjustment, Robinhood and AppLovin Rise
Source: CoinWorld
Time: 2025-09-08 19:39:55
S&P Dow Jones Index announced that Robinhood Markets (HOOD), AppLovin (APP) and Emcor (EME) will join the S&P 500 on September 22, replacing Caesar Entertainment, MarketAxess Holdings and Enphase Energy, respectively. The quarterly adjustment reflects changing market dynamics, and the addition of Robinhood and AppLovin highlights the growing importance of technology and digital services. Although there were speculations about companies like MicroStrategy (MSTR) ahead of the announcement, only a few companies met the inclusion criteria based on industry representation and growth potential. These adjustments are intended to keep the index correlated with the U.S. stock market landscape.