S&P indexes reshuffle: Honeywell Aerospace replaces Conagra in S&P 500

S&P Dow Jones Indices announced a reshuffle of several U.S. benchmark indexes, with changes set to take effect between June 29 and July 1. The move reflects Honeywell’s breakup, merger-driven adjustments, and shifts in market capitalization across companies. For the S&P 500, Honeywell is specifically highlighted as part of the index changes. The article signals an index rebalancing event rather than a broad macro or earnings story, and the market impact is likely concentrated in affected index constituents and related passive flows around the effective dates.