Ares is one of the largest companies by market capitalization not currently in the S&P 500 index.
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Dow’s 132-point rally led by gains for Johnson & Johnson, Procter & Gamble stocks
Shares of Johnson & Johnson and Procter & Gamble are posting strong returns Tuesday morning, sending the Dow Jones Industrial Average into positive territory.
Ares stock surges. It’s replacing Kellanova in the S&P 500.
Ares, with a market capitalization of $54 billion, is one of the largest companies by market value not currently in the S&P 500 index.
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