Honeywell Aerospace set to join S&P 500 and S&P 100 on June 29

Investing.com -- Honeywell International’s highly anticipated spinoff, Honeywell Aerospace Inc (NASDAQ:HONAV), is set to join both the S&P 100 and S&P 500 indices when the transaction finalizes on June 29. The high-profile double inclusion sent the spinoff’s when-issued shares (HONAV) soaring 9.4% in after-hours trading as institutional investors scrambled to adjust their portfolios.