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S&P Index Changes Announced

Standard & Poor's announced some changes to its major stock indices last night after the bell.

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(MarketNewsVideo.com) -- After the close of trading on March 9, Oneok (OKE) will replace Black & Decker (BDK) in the S&P 500. Black & Decker is being acquired by The Stanley Works, and will therefore no longer trade independently.

Greenhill & Co. (GHL) will replace Oneok in the S&P MidCap 400, and Powell Industries (POWL) will replace Greenhill in the S&P SmallCap 600.

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