The Newest Stock in the S&P 500 Soared 295% Since Early 2023 and Wall Street Says It's Still a Buy
The S&P 500 (^GSPC -0.33%) is considered the single best benchmark for the overall U.S. stock market because of its scope. It tracks the performance of 500 large companies that account for about 80% of domestic equities by market value.
DoorDash (DASH 0.63%) was added to the S&P 500 on March 24 during the quarterly rebalancing.