Yahoo! surges on S&P 500 selection

The S&P 500 will get its first pure Web content company.

Standard & Poor's said Tuesday it would add Yahoo! (Nasdaq: YHOO) to the S&P 500 Index, one of the most widely followed indices for large-cap stocks. Yahoo!, which will join the S&P 500 on Dec. 7, already has a place in one major index, the Nasdaq 100. Full story. -- Sergio Non, ZDNet Inter@ctive Investor