Monday, February 11, 2008

DJIA Changes

Bank of America and Chevron will replace Altria Group and Honeywell International in the benchmark Dow Jones Industrial Average effective February 19. The change is the first in four years and reflects the index's continued shift away from industrial firms and into other sectors such as energy and financial services. Excluding thinly traded Berkshire Hathaway, Bank of America and Chevron are the two biggest US companies by market capitalization that currently are not in the DJIA.

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