Exxon Mobil faces exit from S&P 500 top 10 as hydrocarbon loses charms

Exxon Mobil Corp. is set to be removed from the S&P 500 Index’s 10 biggest companies for the first time ever portending the end of an era for oil firms as investors look beyond hydrocarbon to technology, Bloomberg reports. The S&P 500, a closely followed gauge, is a stock market index t