Smith International to Join S&P 500

Newly acquired Golden West departs the index.
Publish date:

Smith International


will replace

Golden West Financial


in the

S&P 500

index after the close of trading on Friday.

Golden West is being acquired by


(WB) - Get Report

in a deal expected to close before the market opens on Monday.

Shares of Smith rose $1.73, or 4.6%, to $39.10 in after-hours trading.