Reported 16 days ago
Nvidia (NVDA) is set to replace Intel (INTC) in the Dow Jones Industrial Average, according to S&P Dow Jones Indices analyst Howard Silverblatt. The decision comes as Intel's lower stock price did not significantly influence the index, while Nvidia's inclusion is expected to better represent the chip industry and impact the index's performance. Additionally, Sherwin Williams (SHW) has been added alongside Nvidia, highlighting the price-weighted nature of the index.
Source: YAHOO