Amazon to Join Dow Jones Industrial Average, Replacing Walgreens Boots Alliance
Next week, Amazon is set to make its debut in the prestigious Dow Jones Industrial Average, replacing Walgreens Boots Alliance on the thirty-stock index. The Dow Jones Industrial Average, consisting of 30 companies from the S&P 500, relies on a committee’s subjective decision-making rather than quantitative rules to determine which corporations best represent the U.S. economy. This selection process takes into account company growth, investor interest, and a diverse range of industries.
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