– Amazon to join S&P 500

This one time pariah.. with losses is finally making it! This one from Marketwatch Newsletter:

The Standard & Poors 500 Index will drop AT&T (T) and add Amazon.com
(AMZN) at the end of the week, helping move the online retailer’s stock
higher today and Monday. Fund managers who shadow the S&P 500 Index
must purchase the stock. AT&T is being removed from the index because
it’s being bought by SBC Communications (SBC).