Dow Jones Industrial Average adds Dow Inc, removes DowDuPont

DowDuPont, formed by the $130 billion merger of chemical giants Dow Chemical and DuPont in 2017, is in the process of splitting itself up into three companies called Dow, DuPont and Corteva Agriscience.Dow Inc will also join the S&P 500 on April 2, replacing Brighthouse Financial Inc , S&P Dow Jones Indices said in a separate statement.Replacing DowDuPont with Dow will maintain the benchmark's exposure to the materials sector, and its price weight within the Dow Jones Industrial Average