When it comes to the exclusive club of companies in the S&P 500 Index, Etsy is in and Tesla is still out.
In a surprise move on Friday evening, S&P Dow Jones Indices announced it would add Etsy, the online marketplace for crafters, to its key index of large US companies later in September. Teradyne, a company specializing in industrial automation and robotics, and Catalent, which develops pharmaceuticals, will also join the index.
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