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2 Out of 3 Stocks Joining S&P 500 Rise

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Stocks nudged higher Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting.
Stocks nudged higher Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week.

AppLovin climbed 11.6% and Robinhood jumped 15.8%, while Emcor slipped 0.6%. They will replace three companies that have shrunk enough in size to get demoted to S&P’s index of small stocks, the SmallCap 600. Those stocks, MarketAxess Holdings, Caesars Entertainment, and Enphase Energy, ranged from a 3.5% loss to a 0.3% gain. EchoStar jumped 19.

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