Etsy shares jump 6% after its surprise induction to the S&P 500

Etsy saw its share prices jump six per cent on Friday after it was unexpectedly added to the coveted S&P 500.
The online marketplace was one of three US companies S&P Dow Jones said it would add to its indices later this month.
The S&P 500 is one of the most important stock market indices in the world, and is considered a key benchmark for the US’ largest companies with more than $11.2 trillion investments indexed or benchmarked to its performance.
Etsy’s surprise inclusi