Major changes coming to the Dow Jones Industrial Average before the end of September
- In Goldman Sachs, Visa and Nike have been added to the Dow Jones industrial average, replacing several poorly performing companies from the exclusive group of 30 publicly-owned corporations. The new Dow Jones additions are also expected to diversify one of the most-commonly used gauges of the U.S. stock market.
- Out To make room for the new arrivals, Alcoa, Hewlett-Packard and Bank of America have been removed from the Dow, following consistently slumping stock performances from each. The changes are set to take effect on September 23, and represent the largest alteration of the Dow Jones line-up in roughly a decade. source
September 10, 2013 // 14:12 // 1 year ago