Salesforce, Amgen, Honeywell to Join Dow Jones Industrial Average

Salesforce is among three companies set to join the Dow Jones Industrial Average. The company’s New York office in May 2019.

Photo: Victor J. Blue/Bloomberg News

The Dow Jones Industrial Average is getting a makeover.

S&P Dow Jones Indices, which manages the 30-stock benchmark, said it would add Inc., Amgen Inc. and Honeywell International Inc. to the blue-chip index at the start of trading on Monday.

Those three stocks will replace Exxon XOM 2.95% Mobil Corp., Pfizer Inc. and Raytheon Technologies Corp., respectively.

S&P Dow Jones Indices said the changes were prompted by Apple Inc.’s planned four-to-one stock split announced last month. Although Apple’s stock split won’t alter the iPhone maker’s valuation, which topped $2 trillion last week, it would have given the information-technology sector a smaller representation in the Dow industrials. The addition of those three companies helps to mitigate Apple’s decision, S&P said.


آموزش سئو