The Dow Jones Industrial Average is getting a makeover.
S&P Dow Jones Indices, which manages the 30-stock benchmark, said it would add Salesforce.com 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.