ExxonMobil Drops Out of Top 10 in S&P 500

The hydrocarbon energy industry was recently dealt a major blow, with Exxon Mobil Corporation XOM dropping from the S&P 500 Index’s top 10 companies, ending a nine-decade-long streak.

This August, energy stocks climbed down the ranking list, giving way to technology stocks. Currently, the top 10 places are occupied by companies from technology, communications, health care and financial services

ExxonMobil stayed at the top spot of the list for six straight years and was the largest publicly-traded energy company.

Source / More : finance.yahoo.com


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