Joining the benchmark should create compulsory demand from passive funds while placing Reddit beside America's largest public companies.
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Investing.com - U.S. stock futures were little changed on Friday, pointing to a muted open after the S&P 500 closed at a record high in the previous session, while investors weighed a fresh batch of corporate news and analyst actions.

Reddit Inc. will join the S&P 500 next week as part of an off-cycle change, S&P Dow Jones Indices said Thursday, sending the social networking platform’s shares surging more than 10% after the bell.

Reddit stock jumped late Thursday on news that the social media firm will join the S&P 500 index. Sun Communities will be added to the S&P MidCap 400.
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Investing.com -- Wolfe Research upgraded apartment REITs AvalonBay Communities and Equity Residential to Outperform from Peer Perform, arguing that expected merger synergies and attractive valuations outweigh a still-challenging but stabilizing operating environment.
Camden Property Trust tops Q1 core FFO estimates despite lower revenues, as buybacks, development and asset deals steer its 2026 outlook.