NVR Inc. will join the S&P 500 index this month, the second change to the index announced this week. S&P Dow Jones Indices announced the change Friday afternoon, saying that the home-builder will replace Jefferies Financial Group Inc. in the index as of Sept. 26. Jefferies is moving down to the S&P MidCap 400 index after spinning off Spectrum Brand Holdings Inc. . Earlier in the week, S&P Dow Jones Indices announced that CDW Corp. will also move into the S&P 500 this month, replacing Total System Services Inc., which has been acquired. NVR shares declined 1.2% in after-hours trading Friday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Latest posts by Market Watch (see all)
- London Markets: Pound dips, FTSE 100 rises after Brexit-vote delay - October 21, 2019
- Dow Jones Newswires: Just Eat revenue rises, backs 2019 guidance - October 21, 2019
- Dow Jones Newswires: Wirecard commissions independent audit - October 21, 2019