Dow drops HON and MO adds BAC and CVX?
The DOW will drop Honeywell and Altria.
Chevron and Bank of America added
- NJ GoldLv 51 decade agoFavorite Answer
Not too suprising that HON was dropped, MO had been performing well up until this recent correction, but spinning off Kraft on the other hand took their market cap down.
BAC was a bit suprising, given the recent shape financial stocks have been in; CVX, no suprise, great dividend and company, deserves to be there.