Honeywell Aerospace Spinoff: HONA Gets An S&P 500 Welcome, No Dow

Honeywell Aerospace will have an S&P 500 seat on its first day as a public company. It will not have a Dow seat. That is a useful distinction. Honeywell Aerospace is expected to begin regular-way trading on Nasdaq under HONA on Monday, June 29. S&P Dow Jones Indices says the new company will join the S&P 500 and…