This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.
Amazon is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance due to Walmart’s stock split.
This change reflects the evolving American economy and will increase consumer retail exposure in the index.
“Reflecting the evolving nature of the American economy, this change will increase consumer retail exposure as well as other business areas in the DJIA,” S&P Dow Jones Indices said.
Uber will also be added to the Dow Jones Transportation Average to provide exposure to the ride-sharing industry.
Most Popular:
FBI Informant Who Criticized Biden Gets Bad News
Drag Queen Principal Learns His Fate Amid Controversy
