source: https://awealthofcommonsense.com/2024/05/sp-500/
Here are some facts and figures about the S&P 500:
According to Global Financial Data, the S&P only contained 90 stocks when it was created in 1928.
It became the S&P 500 in 1957. At the time, the index was comprised of 425 industrial stocks, 60 utilities and 15 railroads.
Financials and transportation stocks weren’t added until 1976.
In the late-1980s, the index was finally revamped to account for the ...