Salesforce to replace Exxon in Dow Jones Industrial Average index next week
By Syndicated ContentAug 24, 2020 | 4:45 PM
(Reuters) – Salesforce.com Inc , Amgen Inc and Honeywell International Inc will become a part of the blue-chip Dow Jones Industrial Average index <.djia> on Aug. 31, S&P Dow Jones Indices said on Monday.
The three companies will replace Exxon Mobil Corp , Pfizer Inc and Raytheon Technologies Corp .
The changes follow Apple Inc’s decision to split its stock, which would reduce the index’s weight in the global industry classification standard information technology sector, S&P Dow Jones Indices said.
(Reporting by Nivedita Balu in Bengaluru; Editing by Shounak Dasgupta)