Major changes to the Dow Jones Industrial Average have been announced in the wake of Apple’s 4-for-1 stock split.

Exxon Mobil, Raytheon and Pfizer are to be dropped – all stocks dropped on Tuesday after the announcement late on Monday. As of August 31st, they will be replaced by Honeywell, Salesforce.com and Amgen. All three rose sharply on anticipated rebalancing into these stocks by passive and tracker funds.

It leaves United Health the largest stock on the Dow, with the Apple stock split reducing its weighting as the Dow is a price-weighted index. Many may question why the likes of Amazon, Facebook or Alphabet have not been included instead, but the thinking around index composition for the Dow has never been entirely clear.

What do hedge funds, analysts and insiders say about these new Dow components?

Amgen (AMGN)

Honeywell (HON)

Salesforce.com (CRM)

Notícias mais recentes

Domingo, 27 Abril 2025

Indices

ETFs That Outperform the S&P 500: ARKK, VGT, IWF, XBI

Domingo, 27 Abril 2025

Indices

Forex Market Today: Analyzing Seasonal Patterns in Forex Market Trends

Domingo, 27 Abril 2025

Indices

Dow Jones today: Major Indexes Rise as Trump Signals Softer Trade Stance

Domingo, 27 Abril 2025

Indices

Morning Note: Gold Dips on Dollar Strength, ECB Eyes Rate Cut, Japan Denies FX Pressure