Core Viewpoint - Ares Management (ARES.US) shares rose over 7% to $175.83 after the announcement of its inclusion in the S&P 500 index, coinciding with Mars Inc.'s acquisition of Kellanova valued at $36 billion [1]. Group 1 - Ares Management will officially join the S&P 500 index before the market opens on December 11 [1]. - The inclusion of Ares Management comes ahead of the previously announced additions of Carvana (CVNA), CRH (CRH), and Comfort Systems USA (FIX), which will be added on December 22 [1]. - Being part of the S&P 500 index signifies market recognition for the constituent companies and necessitates that funds tracking the index purchase their stocks [1].

Group 1 - Ares Management (ARES.US) shares rose over 7% to $175.83 following the announcement of its inclusion in the S&P 500 index [1] - The S&P Dow Jones Indices announced that Ares Management will join the benchmark index before the market opens on December 11 [1] - This announcement coincides with Mars Inc.'s impending $36 billion acquisition of Kellanova, the manufacturer of Pringles and Pop-Tarts [1] Group 2 - As part of the regular quarterly adjustment, Carvana (CVNA), CRH (CRH), and Comfort Systems USA (FIX) will officially join the S&P 500 index before the market opens on December 22 [1] - Inclusion in the S&P 500 index signifies market recognition for constituent stocks, and funds tracking this index will be required to purchase Ares Management shares [1]