The Dow Announces Its Biggest Shakeup Since 2013
The Dow Jones Industrial Average will lose its longest-standing component as part of the blue-chip index's biggest shakeup in years.
S&P Dow Jones Indices, the global index provider that oversees the Dow Jones Industrial Average, announced late Monday that the venerable index will replace three of its components as of the market open on Monday, Aug. 31.
The move was made in part to "diversify the index by removing overlap between companies of similar scope and adding new types of
