The S&P 500 Just Added 2 Stocks—and Booted 2 Others

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The S&P 500 will add two companies spun off from index components. That means two other companies have to go. Monday, S&P Global announced that Honeywell International spinoff Solstice Advanced Materials will replace CarMax in the S&P 500. DuPont de Nemours spinoff Qnity Electronics will replace Eastman Chemical.