Dow Jones Index Announces Biggest Shake-Up In A Decade Effective Sept. 23


  • Business
  • Wednesday, 11 Sep 2013

NEW YORK: In the biggest shake-up of the Dow Jones industrial average in nearly a decade, Goldman Sachs, Visa and Nike will join the storied 30-stock index, with Bank of America, which just two years ago was the largest U.S. bank by assets, one of the names exiting the Dow.

The three newcomers - an investment bank, credit card payment processor and apparel company, respectively - will also replace Alcoa, in the index since 1959, and Hewlett-Packard Co.

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