25-08-2020 19:03 via ocregister.com

Exxon, Raytheon booted from Dow in major embrace of tech

By Sarah Ponczek and Katherine Greifeld | Bloomberg
The dominance of technology companies has eclipsed every other story in 2020’s pandemic-upended stock market. Now it’s helping speed changes to the world’s most famous equity benchmark.
In the biggest reshuffling in seven years, Exxon Mobil Corp, Pfizer and Raytheon Technologies Corp. were kicked out of the Dow Jones Industrial Average, making way for Salesforce.com, Amgen Inc. and Honeywell International to enter the 124-year
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