Facebook Added To S&P 500, S&P 100 Indices
The S&P 500 and S&P 100 indices just got a little more social, as S&P Dow Jones Indices announced the addition of Facebook to both.
The S&P 500 and S&P 100 indices just got a little more social, as S&P Dow Jones Indices announced the addition of Facebook to both.
Facebook replaced electronic-gear-testing maker Teradyne in the S&P 500, and oil and gas storage and transportation outfit The Williams Cos. in the S&P 100.
S&P Dow Jones Indices also announced that Facebook will be added to the Internet Software & Services Sub-Industry index in the S&P 500 GICS (Global Industry Classification Standard).
The changes take effect after the close of trading Dec.
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