U.S. Steel dropped from S&P 500 index

Jun 30, 2014 | 05:05 PM | Michael Cowden

Tags  U.S. Steel, S&P 500 index, Martin Marietta Materials, S&P MidCap 400 index, S&P Dow Jones Indices, Alcoa, Dow Jones industrial index, Nike market capitalization

CHICAGO — U.S. Steel Corp. is being dropped from the S&P 500 index because its market capitalization is too small.

The Pittsburgh-based steelmaker will be replaced on the index July 1 by Raleigh, N.C.-based construction materials company Martin Marietta Materials Inc., S&P Dow Jones Indices LLC said.....

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