S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that Coinbase Global Inc. (COIN) will replace Discover Financial Services (DFS) in the S&P 500 effective prior to the opening of trading on Monday, May 19.
S&P 500 constituent Capital One Financial Corp. (COF) is acquiring Discover Financial Services in a deal expected to be completed soon, pending final closing conditions.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.