A New Era Begins Today for the Iconic Dow Jones Industrial Average [Yahoo! Finance]
Dow Inc. (DOW)
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Source: Yahoo! Finance
When the Dow Jones was officially incepted on May 26, 1896, it was comprised of a dozen companies, most of which were tied to the industrial sector. Today, it contains an assortment of 30 historically profitable, time-tested, industry-leading businesses. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Over the last 128 years, this iconic index has undergone 52 meaningful changes, excluding components altering their name or existing Dow constituents merging. The most recent change had been Amazon entering the index and pharmacy chain Walgreens Boots Alliance getting the heave-ho in February -- that is, until today. Before trading begins on Friday, Nov. 8, a new era will begin for the Dow Jones Industrial Average. The 53rd change to the components of the Dow Jones will see artificial intelligence (AI) leader Nvidia (NASDAQ: NVDA) enter the Dow and legacy semiconductor company Intel (NASDAQ: INTC) head for the exit. A
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DOW
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- 11/12/24 - Form SC
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- 10/24/24 - Form 8-K
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