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Palantir, Dell slip ahead of S&P 500 inclusion



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** Dell Technologies DELL.N and data analytics firm Palantir Technologies PLTR.N down ~1.7% each, property and casualty insurer Erie Indemnity ERIE.O down 0.2%

** Cos will be added to benchmark S&P 500 .SPX when index rebalances ahead of the market open on Sept. 23, as per Sept. 6 announcement

** Palantir is one of the most heavily traded U.S. stocks in early trade, as per LSEG data

** Trading volume in three cos likely to surge ahead of the close, analysts say, as investors adjust portfolios and funds to match index composition

** Dell has gained 15%, Palantir up 21.4%, Erie up 4% since Sept. 6 announcement through Thursday close

** "Expect them to fade into Friday’s close but resume their recent trends within a few weeks of the addition into their next earnings cycle" - Jay Woods, chief global strategist at Freedom Capital Markets

** Cos replace American Airlines Group AAL.O, Etsy ETSY.O and Bio-Rad Laboratories BIO.N in benchmark index

** American Airlines flat, Etsy down 2.2%, Bio-Rad down 3.7%




Reporting by Lisa Mattackal in Bengaluru

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