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Dow Jones Component's Spinoff Joins S&P 500. Shares Jump.

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04:23 PM ET 06/24/2026

Honeywell's (HON) aerospace spinoff will be added to the S&P 500 index next week, while IES Holdings (IESC), a data center electric power provider, is going into the Midcap S&P 400. Both stocks rallied. Honeywell Aerospace (HONEV) will be officially in the S&P 500 at the start of trading on Monday, S&P Dow Jones Indices announced late Tuesday. The company…