Carvana, CRH, and Comfort Systems USA to Join S&P 500

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Carvana, CRH, and Comfort Systems USA are set to join the S&P 500 as part of its quarterly rebalancing, while LKQ, Solstice Advanced Materials, and Mohawk Industries will be removed and moved to the S&P 600 small-cap index. This change reflects the ongoing adjustments in the index to include companies that meet specific criteria.

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Market impact analysis based on bullish sentiment with 76% confidence.

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Bullish
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76%

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CRH Carvana and Comfort Systems USA will join the S&P 500 as part of the benchmark index’s quarterly rebalancing, said S&P Dow Jones Indices after Friday’s market close. LKQ Solstice Advanced Materials and Mohawk Industries —companies with some of the smallest market values in the S&P 500—will be removed from the large-cap S&P 500 and demoted to the S&P 600 small-cap benchmark. The S&P 500 index is rebalanced each quarter, with new companies added if they meet the criteria of S&P Dow Jones Indices, which oversees the index.

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