Blackstone marks ‘another important milestone’ with S&P 500 inclusion

Blackstone Inc.’s
BX,
+3.29%
inclusion in the S&P 500
SPX,
-0.30%
marks “another important milestone” for the private equity firm, after it crossed $1 trillion in assets under management in July, a spokesperson for the firm said in an email to MarketWatch. “We are gratified to be joining the S&P 500 and pleased that this will make our stock even easier for shareholders to access,” the spokesperson said. Blackstone stock was up 3.3% in regular trading on Tuesday. S&P on Friday named Blackstone and AirBNB
ABNB,
+7.78%
as components of the S&P 500.