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Montevideo, September 26th 2018 - 12:57 UTC

Tag: Dow Jones Indices

  • Wednesday, June 20th 2018 - 08:37 UTC

    General Electric loses its place in the Dow Jones average after more than 100 years

    The firm that runs the index said the change on June 26 is meant to reflect the growth of the healthcare sector.

    General Electric is losing its place on the Dow Jones Industrial Average after more than 100 years in a move that reflects a fall in the firm's fortunes and changes to the US economy. Walgreens Boots Alliance is to take its spot on the financial index, which tracks shares of 30 companies deemed representative of the US economy. The change takes effect on 26 June.