Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Dow Jones Changes Up Index

STEVE INSKEEP, HOST:

NPR's business news begins with new players on the Dow.

(SOUNDBITE OF MUSIC)

INSKEEP: We're talking about the Dow Jones Industrial Average, a list of 30 major companies that is used to track the broader economy - one of several such indexes. The Dow is swapping out three of its blue chip companies in what's being called the biggest shake up of the list in almost a decade.

Gone from the index at the end of next week will be Hewlett Packard, goodbye; Alcoa, gone; Bank of America, gone. Sliding into their places: Visa, Nike and Goldman Sachs. This change is the result of the low stock prices of the companies being dropped, as well as a push to include a more diverse mix of firms. Transcript provided by NPR, Copyright NPR.

News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.