Sunday, December 21, 2008

The Shrinking S&P 500 Index

From Marketwatch.com:

"Standard & Poor's said late Thursday that it has changed the market capitalization guidelines for its U.S. indexes, cutting what a company needs to be worth before it can enter one of its categories. For large-cap stocks, reflected by the S&P 500, the value was cut to $3 billion from $4 billion."

Click here for the entire story.