Salesforce, Amgen, Honeywell set to join Dow Jones Industrial
Average on 8/31
S&P Dow Jones Indices will make the following changes to the
Dow Jones Industrial Average effective prior to the opening of
trading on Monday, August 31: Salesforce.com (CRM) will replace
Exxon Mobil Corp. (XOM), Amgen (AMGN) will replace Pfizer (PFE),
and Honeywell International (HON) will replace Raytheon
Technologies (RTX). The index changes were prompted by DJIA
constituent Apple's (AAPL) decision to split its stock 4:1, which
will reduce the index's weight in the Global Industry
Classification Standard Information Technology sector. The
announced changes help offset that reduction. They also help
diversify the index by removing overlap between companies of
similar scope and adding new types of businesses that better
reflect the American economy.
Dow industrials changes
Posted by steve on 25th of Aug 2020 at 07:55 am
Salesforce, Amgen, Honeywell set to join Dow Jones Industrial Average on 8/31
S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average effective prior to the opening of trading on Monday, August 31: Salesforce.com (CRM) will replace Exxon Mobil Corp. (XOM), Amgen (AMGN) will replace Pfizer (PFE), and Honeywell International (HON) will replace Raytheon Technologies (RTX). The index changes were prompted by DJIA constituent Apple's (AAPL) decision to split its stock 4:1, which will reduce the index's weight in the Global Industry Classification Standard Information Technology sector. The announced changes help offset that reduction. They also help diversify the index by removing overlap between companies of similar scope and adding new types of businesses that better reflect the American economy.
Will be a good amount
Posted by steve on 25th of Aug 2020 at 09:13 am
Will be a good amount of $AAPLto sell at Friday's close. Its weighting in the DOW is going from 10% to 2.5%
Im surprised WBA didn't get
Posted by jared95 on 25th of Aug 2020 at 10:24 am
Im surprised WBA didn't get the boot too