BREAKING: Goldman, Nike, And Visa To Join The Dow - Alcoa, HP, and BofA Are Out
Sep 10, 2013, 18:03 IST
Via CNBC's Carl Quinatinilla there's a shakeup at the Dow Jones Industrial average
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Breaking: Goldman Sachs, Nike, Visa to be added to Dow Jones Industrials. $GS $NKE $V
Alcoa, Bank of America, Hewlett-Packard to be removed from Dow Jones. $AA $BAC $HPQ
All these moves make sense.
BofA and HP are fallen stars, and Alcoa is increasingly an irrelevancy.
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Meanwhile, Nike is one of the most amazingly durable brands in the world. Visa and Goldman are two of the pillars of the modern financial system.